hit

"It's not one economic hit, it's a snowball of economic hits that people are feeling all at one time," said Libby Schneider, deputy executive director of the Democratic National Committee.

Asia fared barely any better, with Tokyo and Seoul off more than two percent, having recently hit all-time highs.

Also, Russian forces have advanced inside Ukraine, while another refinery inside of Russia has been hit by Ukrainian attacks, Gevorkyan adds.

The unit was hit by increased costs as well as higher credit and impairment charges.

Tariff uncertainty has been a hit to the economy.