the us stock market has had a rough 2022 so far and the spdr dow jones industrial average etf trust dia has been no exception to that since the start of the calendar year the index has lost close to 6000 points as inflation continues to rise and consumer spending falls what is causing the index to fall the dow jones includes 30 of the nation’s largest corporations this includes credit card giant american express company axp consumer favorite apple inc appl and entertainment behemoth walt disney co dis yet as the state of the economy worsens even bluechip stocks are in the red this year companies such as apple are struggling this year due to rising inflation and supply chain issues due to the covid19 pandemic the supply chain issues have been on the rise due to an influx of ships that has been impossible to manage due to worker shortages when asked about this issue apple cfo luca maestri said that supply constraints related to covid19 could hurt sales by between 4 billion to 8 billion according to cnbc apple currently sits at 13672 at time of publication friday morning which is a huge loss from its 52week high of 18294 the index also includes trader and investor favorite microsoft corporation msft which sits at 25602 at time of publication friday morning which is almost a 100point difference from its 52week high of 34967 microsoft continues to fall due to similar issues as apple in addition to apple and microsoft disney has also taken big losses this year the stock price currently sits at 9439 at time of publication friday morning down from its 52week high of 18758 american express has experienced one of its most volatile years yet with stock prices constantly fluctuating but it has also taken hard losses as the stock price is 13763 at time of publication friday morning which is a 62point loss from its 52week high of 19955 also read as us economy weathers inflation gdp growth turns negative are we headed for a recession benzinga’s take the nation is now at an inflection point economically speaking every day the markets continue to lose as the nation barrels towards a recession inflation continues to rise and americans are now paying more than ever before for essentials such as groceries the nations leading market index spdr sp 500 etf trust spy has hit a 52year low as markets continue to implode if the federal and state governments fail to act americans will continue to lose and the nation will enter a period of economic hardship for all