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Saudi Energy Minister Prince Abdulaziz bin Salman has said OPEC+ will keep politics out of its decision-making process in favor of the “common good” of stabilizing energy prices. Ian Forsyth | Getty Images News | Getty Images A group of some of the world’s most powerful oil producers on Thursday will meet to determine the […]
US stocks fell and oil prices climbed, as concerns about rising commodity prices and uncertain progress in cease-fire talks between Russia and Ukraine weighed on investors. A selloff accelerated on Wednesday afternoon after major indexes spent much of the day narrowly in the red. That left stocks on track to lose ground in the 2022’s […]
Passengers wearing protective masks wait to board a Delta Air Lines Inc. flight at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, US, on Wednesday, April 7, 2021. Elijah Newage | Bloomberg | Getty Images Delta Air Lines Chief Health Officer Henry Ting said that he believes that the federal mask mandate for airports and airplanes […]
Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, US, July 29, 2021. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Robinhood — Shares of the stock-trading app fell 5.8% […]
A flag outside the US Securities and Exchange Commission headquarters in Washington, DC, US, on Wednesday, Feb. 23, 2022. Al-Draco | Bloomberg | Getty Images The Securities and Exchange Commission on Wednesday debuted a host of new rules for SPACs that, if enacted, would mark one of the broadest attempts to date at cracking down […]
Berlin’s Brandenburg Gate on the occasion of the Earth Hour, on March 26, 2022. Tobias Schwarz | dpa | Getty Images Germany’s heavy reliance on Russian energy could tip its economy into recession, an independent economic think tank warned on Wednesday. There are rapidly rising concerns over what Russia’s unprovoked invasion of Ukraine will mean […]
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks lower after logging a multiday winning streak Traders on the floor of the NYSE, March 29, 2022. Source: NYSE US stock futures pointed to a lower open Wednesday, one day after the Dow Jones […]
US equities futures dipped slightly on Wednesday after stocks extended their rally in the previous session, even as fears of an inverted yield curve sparked recession concerns and continued investors watching developments play out in Ukraine. Futures tied to the Dow Jones Industrial Average slipped by 57 points, or 0.2%. S&P 500 futures fell 0.2%, […]
LONDON — European stocks retreated on Wednesday following the latest round of talks between Russia and Ukraine, aimed at finding a solution to the conflict. The pan-European Stoxx 600 fell 0.8% in early trade, with autos shedding 1.9% to lead losses, while oil and gas stocks gained 1.7%. In terms of individual share price movement, […]
SINGAPORE — Shares in Asia-Pacific were largely higher in Wednesday trade as investors watch for developments surrounding the war in Ukraine. Mainland Chinese stocks led gains among the region’s major markets, with the Shanghai composite climbing 1.96% on the day to 3,266.60 and the Shenzhen component rising 3.1% to 12,263.80. Hong Kong-listed shares of embattled […]
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