Dow falls for fifth week as stocks slide, oil hits $109

U.S. stocks ended the session lower in what was a volatile week as investors jostled with rising inflation and the ongoing Russia-Ukraine conflict. 

The Dow Jones Industrial Average fell 230 points or 0.7%, while the S&P 500 lost 1.3% and the Nasdaq Composite 2.9%. 

All three of the major averages retreated for the week, pushing the Dow to its fifth straight week of declines. 

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	41794.6	-257.59	-0.61%
MCD	MCDONALD'S CORP.	292.90	-2.33	-0.79%
CAT	CATERPILLAR INC.	376.52	-3.11	-0.82%
DOW	DOW INC.	47.95	-1.02	-2.08%

President Biden called for an end to normal trade relations with Russia that will allow for increased tariffs on imports from the country in addition to the crushing sanctions already imposed as a consequence of Russia's invasion of Ukraine. 

RUSSIA INVADES UKRAINE: LIVE UPDATES

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	41794.6	-257.59	-0.61%
SP500	S&P 500	5712.69	-16.11	-0.28%
I:COMP	NASDAQ COMPOSITE INDEX	18179.984429	-59.93	-0.33%

CLICK HERE TO READ MORE ON FOX BUSINESS

Inflation remains an overhang for investors after consumer prices jumped 7.9% in February from a year earlier. It's the sharpest spike since 1982. 

Gas prices ticked to a fresh record of $4.33, per AAA. 

US BARRELING TOWARD RECESSION, EXPERTS SAY, AS INFLATION HITS 40-YEAR-HIGH

Oil prices dipped for the week but remain elevated, with U.S. crude closing at $109 per barrel and Brent crude, the global benchmark, $112. 

In stock news, Oracle dipped after third-quarter profits of $1.13 per share fell short of expectations. Revenue rose to $10.5 billion. Salesforce and Microsoft got a nod from Piper Jaffray as preferred cloud investments, SeekingAlpha reported.

Ticker	Security	Last	Change	Change %
ORCL	ORACLE CORP.	169.59	-0.43	-0.25%
CRM	SALESFORCE INC.	298.01	+3.29	+1.12%

DocuSign shares also tumbled after its first quarter revenue forecast of $584 million was below the $594 million expected as the pandemic winds down. 

Ticker	Security	Last	Change	Change %
DOCU	DOCUSIGN INC.	69.85	-1.26	-1.77%

Rivian shares fell after the electric vehicle maker said challenges will persist this year. "Our path to EV leadership won’t be easy. In the immediate term, we are not immune to the supply chain issues that have challenged the entire industry. Those issues, which we believe will continue through at least 2022, have added a layer of complexity to our production ramp-up. We are working diligently and collaboratively with suppliers to identify and head off problems or constraints as quickly as possible," the company disclosed.

Ticker	Security	Last	Change	Change %
RIVN	RIVIAN AUTOMOTIVE INC.	10.29	+0.11	+1.08%

In other auto news, Ford and PG&E are teaming up to strengthen the power grid, which will help enable more cars to help power homes. 

Ticker	Security	Last	Change	Change %
F	FORD MOTOR CO.	10.36	+0.14	+1.37%
PGE	NO DATA AVAILABLE	-	-	-

More companies are delivering dividends and buybacks. Colgate-Palmolive’s board authorized the repurchase of up to $5 billion shares that may be made from "time to time," the company said. It also boosted its dividend to 47 cents.

Ticker	Security	Last	Change	Change %
CL	COLGATE-PALMOLIVE CO.	93.61	+0.28	+0.30%
KR	THE KROGER CO.	56.27	-0.30	-0.53%

Meanwhile, Kroger declared a 21-cent dividend.

Bitcoin traded around $39,000.

 GET FOX BUSINESS ON THE GO BY CLICKING HERE

 FOX Business' Ken Martin and The Associated Press contributed to this report.