Page 20 - Wall Street

Nasdaq climbs 3%, Dow rises 2% on bargain hunting, easing oil prices

S&P 500 financials top S&P sectoral gainer; energy shares fall after strong rally this week

Stocks jump, oil dips in Wall Street's latest dizzying swing

Stocks are jumping, and oil prices are easing Wednesday as the big swings shaking global markets go in both directions amid uncertainty about the war in Ukraine. The S&P 500 was 2.3% higher in morning trading, following a four-day losing streak that had pulled it 13% below its record set early this year. The Dow Jones Industrial Average was up 648 points, or 2%, at 32,281, as of 10:40 a.m. Eastern time, and the Nasdaq composite was 3.1% higher. Such big swings have been jerking markets around in recent weeks as investors grope to guess how much economic damage Russia's invasion of Ukraine will do. The swings have struck not only day-to-day but also hour-to-hour, with some days seeing several big reversals. The chaotic movements are likely only to continue with uncertainty so high about the war in Ukraine and its ultimate economic fallout. The region is key to markets because it's a major producer of oil, wheat and other commodities, whose prices have spiked on worries about ...

Wall Street jumps on tech, financials strength; Dow rises over 200 points

The Dow Jones Industrial Average rose 227.78 points, or 0.70%, at the open to 32,860.42.

Asia stocks rebound after Wall Street falls, US bans Russian oil import

Asian stocks rebounded Wednesday after Wall Street declined and China reported inflation edged higher. Already high oil prices rose further, adding more than USD 2 per barrel following President Joe Biden's ban on imports of Russian crude. Stock benchmarks in Shanghai, Tokyo and Sydney rose while Hong Kong declined. South Korean markets were closed for a presidential election. Wall Street's benchmark S&P 500 index sank 0.7 per cent amid enduring unease over the impact of Russian President Vladimir Putin's attack on Ukraine. Asian markets seem to be taking a breather from their sell-off, but Wall Street's retreat may drive some wait-and-see as geopolitical risks show no signs of easing, Yeap Jun Rong of IG said in a report. Also Wednesday, China's government reported consumer prices rose 0.6 per cent in February from the previous month while producer prices gained 0.5 per cent. The Shanghai Composite Index rose 0.6 per cent to 3,312.39 and the Nikkei 225 in Tokyo gained 0.9 to ...

Wall St: Dow falls nearly 600 points on inflation angst as oil soars

Energy stocks outperform broader market; big banks, travel shares lead declines

Global stocks deepen week's losses as Ukraine invasion escalates

STOXX index of 600 companies was sank 1.4% to 431 points, hitting a new low for the year as the benchmark eyed correction territory, meaning down 10% from its highs

Wall Street mixed as Russia's war on Ukraine stirs uncertainty

Reflecting a defensive mood on Wall Street, the S&P 500 utilities index rallied 1.9% and real estate added 1.1%

Wall Street: US stocks flat in pre-market as Russia-Ukraine war rages

US markets were essentially flat in premarket trading while oil prices continued to climb as Russian forces bombarded Ukraine's second-largest city and besieged two ports. The economic fallout from the Russian invasion expanded, with Fitch Ratings and Moody's Ratings cutting Russia's credit rating. They said the invasion and Western sanctions have hurt Moscow's ability to repay debts and raised risks for the economy and stability. On Wall Street, futures for the S&P 500 and the Dow Jones Industrial Average wavered between slight gains and losses a couple of hours before the market opens in New York. In early trading, the FTSE 100 in London and Frankfurt's DAX each lost 0.6 per cent while the CAC in Paris slipped 0.2 per cent. The London Stock Exchange said it had suspended trading in shares of 27 companies with links to Russia, including some of the biggest in energy and steel, such as Lukoil, Gazprom, Sberbank, Rosneft and Magnitogorsk Iron & Steel Works. In a notice, the ...

Wall Street jumps; Fed's Jerome Powell assuages fear of aggressive hike

The Dow Jones Industrial Average was up 2.13% at 34,004.63 points, while the S&P 500 gained 2.17% to 4,399.6

Wall Street tumbles as Russia-Ukraine crisis sows fear; Dow falls over 2%

The Nasdaq Composite dropped 1.65% to 13,525.13

Global shares mixed, oil prices rise as Russia, Ukraine plan further talks

World shares were mixed Tuesday after talks between Russia and Ukraine aimed at ending the war just yielded an agreement to meet again

Banks weigh on Wall Street after new Russia sanctions; Dow falls 440 points

The S&P 500 fell 44.39 points, or 1.01%, to 4,340.26, the Nasdaq Composite slipped 81.87 points, or 0.60%, to 13,612.75

Wall Street set to slide as Western sanctions on Russia hit world markets

As an economic crisis loomed in Russia, the fallout of tougher sanctions from the West imposed over the weekend rippled out across financial markets

Global stocks rise after Ukraine panic, oil back below $100-mark

By 1115 GMT, the Euro STOXX gained 1.78% higher while the FTSE 100 climbed 2.1%. Germany's DAX increased 1.3%

Beyond Meat stock slumps 12% after reporting decline in sales in Q4

Beyond Meat Inc., the maker of vegan burgers, sausages and chicken, declined in late trading Thursday after offering a sales outlook for 2022 that fell short of Wall Street's expectations

World stocks stage tentative rebound after coordinated sanctions on Russia

By 0930 GMT, the Euro STOXX was 0.72% higher while the FTSE 100 gained 1.1%. Germany's DAX nudged 0.05% higher

Asian shares track Wall St rally; markets eye long-term Ukraine risk

Investors rediscovered their risk appetite overnight after some initial sharp losses, with major U.S. indices posting gains on Wall Street on Thursday, lead by tech stocks.

Asian markets follow Wall Street lower amid simmering Ukraine crisis

Asian stock markets followed Wall Street lower Thursday as anxiety about a possible Russian invasion of Ukraine rose. Shanghai, Tokyo, Hong Kong and Sydney sank. Oil prices advanced on unease about possible disruption of Russian supplies. Wall Street's benchmark S&P 500 index fell 1.8% to an eight-month low after the Kremlin said rebels in eastern Ukraine asked for military assistance. Moscow has sent soldiers to some rebel-held areas after recognizing them as independent. US Secretary of State Antony Blinken said Moscow appeared to be poised to invade. Western governments have imposed sanctions on Russian banks, officials and business leaders. They have more severe options in reserve. Geopolitical risks remain at the forefront, weighing on risk assets, said Yeap Jun Rong of IG in a report. The Shanghai Composite Index lost 0.2% to 3,482.95 and the Nikkei 225 in Tokyo sank 0.7% to 26,255.65. The Hang Seng in Hong Kong tumbled 1.6% to 23,276.14. Asian economies face lower risks ..

Wall Street losses mount amid simmering Russia-Ukraine crisis

Wall Street's losses mounted Wednesday as world leaders waited to see if Russian President Vladimir Putin orders troops deeper into Ukraine. The S&P 500 fell 1.8% to an 8-month low, deepening the benchmark index's correction," or a loss of 10% from its recent peak. More than 85% of stocks in the S&P 500 fell, with technology companies weighing down the index most. The technology-heavy Nasdaq lost 2.6% led by steep losses in Apple and Microsoft. The Dow Jones Industrial Average fell 1.4%. U.S. Treasury yields inched higher, as did gold prices. Wall Street has been closely watching developments in Ukraine, where Russia has amassed troops for a new potential invasion. Russia has started evacuating its embassy in Kyiv. It has already sent soldiers into eastern regions of Ukraine after recognizing the independence of some rebel-held areas. The U.S. and western nations have responded with sanctions and Germany withdrew a document needed for certification of the Nord Stream 2 gas ...

Wall Street enters correction territory as Ukraine crisis escalates

The S&P 500 has entered correction territory, as investors reacted to Russian President Vladimir Putin's decision to order troops to breakaway regions of Ukraine, escalating tensions and raising fears of a full-scale invasion, Market Watch reported.