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Markets Plunge as Oil Price Touches $130 a Barrel
S&P 500 Just Had Its
Biggest Drop in 16 Months
MARKETS

S&P 500 Just Had Its Biggest Drop in 16 Months

Oil price briefly touched $130 a barrel

(Newser) - Stocks fell sharply on Wall Street Monday after another big leap for oil prices threatened to squeeze inflation’s grip on the global economy. The S&P 500 fell 3%, its biggest drop in 16 months, after a barrel of US crude surged to nearly $120 on the possibility that...

US, Allies Move Closer to Big Step Against Russia

Investors bracing for a ban on Russian oil imports

(Newser) - It's a familiar story on the world markets Monday: Oil prices keep rising and stocks keep falling. Investors are particularly nervous because the US and its allies appear poised to take a major step against Russia and ban the import of oil and natural gas, reports CNBC . The global...

Ukraine Worries Overshadow a Strong Jobs Report

Market racks up fourth straight losing week

(Newser) - Often, a stronger-than-expected jobs report translates into a strong day for the market. Not so on Friday, thanks to the Russian invasion of Ukraine. The Dow fell 179 points to 33,614, the S&P 500 fell 34 points to 4,328, and the Nasdaq fell 224 points to 13,...

Dow Slips Into the Red
Dow Slips Into the Red
MARKETS

Dow Slips Into the Red

Index had been positive most of the day

(Newser) - The markets dropped into negative territory late in the trading day after being up most of the session prior to that, reports CNBC . In the end, the Dow fell 96 points to 33,794, the S&P fell 23 points to 4,363, and the Nasdaq fell 214 points to...

Markets Roar Back Despite 7% Jump in Oil Price
Wall Street Is
Back in Rally Mode
MARKETS

Wall Street Is Back in Rally Mode

Indexes jumped despite war worries, spike in oil prices

(Newser) - Wall Street took another sharp swing Wednesday, this time back to rally mode, as stocks and Treasury yields rose even as oil prices continued to climb. The S&P 500 rose 1.9%, putting it back into the green for the week, after Federal Reserve Chair Jerome Powell said he...

Dow Drops, Oil Price Surges as War Rages in Ukraine

Wheat, corn prices have also spiked

(Newser) - Oil prices soared and investors shifted more money out of stocks and into ultra-safe US government bonds Tuesday as Russia stepped up its war on Ukraine. The price of oil surged back above $100 a barrel to its highest level since 2014 after Russia, a major energy producer, faced further...

Oil Prices Jump After Russia Sanctions
Oil Prices Jump
After Russia Sanctions
MARKETS

Oil Prices Jump After Russia Sanctions

Dow dropped 161 points

(Newser) - Markets quivered Monday amid worries about how high oil prices will go and how badly the global economy will get hit after the US and allies upped the financial pressure on Russia for its invasion of Ukraine. Stocks swung down, up and down again, while investors herded into gold in...

Dow Has Best Day in More Than a Year
Dow Has Best Day
in More Than a Year
MARKETS

Dow Has Best Day in More Than a Year

Index rises more than 800 points

(Newser) - A big rally that began on Wall Street Thursday afternoon continued into Friday and resulted in the best day since late 2020 for the Dow, reports CNBC . The index rose 834 points, or 2.5%, to 34,058; the S&P 500 rose 95 points, or 2.2%, to 4,...

Surprise: Stock Market Actually Rises
What Invasion?
Stocks Actually Rise
MARKETS

What Invasion? Stocks Actually Rise

Major indexes shrug off earlier losses in wake of Russia's invasion

(Newser) - The stock market began the day on track for huge losses because of the Russia-Ukraine conflict. In the end, major indexes actually finished in positive territory. The benchmark S&P 500 rose 63 points to 4,288, the Dow rose 92 points to 33,223, and the tech-heavy Nasdaq surged...

Dow Set to Open Down More Than 800 Points
Dow Set to Open Down
More Than 800 Points
MARKETS

Dow Set to Open Down More Than 800 Points

Oil prices top $100 for first time since 2014

(Newser) - Asian and European markets plunged after Russia launched its attack on Ukraine and markets in the US are following suit, with the Dow Jones Industrial Average set to open down more than 800 points, or 2.5%, CNN reports. S&P futures also dropped around 2.5% and Nasdaq futures...

Stocks Plunge, Oil Surges as Russia Attacks Ukraine

'Equities are tanking in Asia,' says an analyst

(Newser) - Asian stock markets plunged and oil prices surged to nearly $100 a barrel Thursday after President Vladimir Putin announced Russian military action in Ukraine, the AP reports. Market benchmarks in Tokyo and Seoul fell 2%. Hong Kong and Sydney lost more than 3%. Oil prices jumped more than $4 on...

S&amp;P 500 Sinks to 14-Month Low
S&P 500 Slides Deeper
Into Correction Territory
MARKETS

S&P 500 Slides Deeper Into Correction Territory

Index is now at a 14-month low

(Newser) - 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 a 14-month low, worsening what is now the benchmark index's second correction in two years. Treasury yields inched higher,...

S&amp;P 500 Enters Correction Territory Amid Ukraine Crisis
Ukraine Tensions
Drag Stocks Down
MARKETS

Ukraine Tensions Drag Stocks Down

S&P 500 is now in correction territory

(Newser) - Stocks closed broadly lower Tuesday after Russia sent forces into Ukraine’s eastern region and the US, European Union, and UK responded with economic sanctions. The rising geopolitical tensions kept financial markets on edge, pulling the S&P 500 into a correction—Wall Street speak for a drop of at...

Dow Racks Up Another Losing Week
Dow Racks Up Another
Losing Week
MARKETS

Dow Racks Up Another Losing Week

Ukraine-Russia tension continues to worry investors

(Newser) - The market capped a losing week with another losing day, and mounting tension between Ukraine and Russia again got most of the blame. The Dow fell 232 points to 34,079, the S&P 500 fell 31 points to 4,348, and the Nasdaq fell 168 points to 13,548....

Dow Suffers Its Worst Drop of the Year
Dow Suffers Its Worst
Drop of the Year
MARKETS

Dow Suffers Its Worst Drop of the Year

Index falls 622 points on rising Russia-Ukraine tension

(Newser) - The stock market rose earlier this week when Russia-Ukraine tensions appeared to ease. Now that the global standoff is worsening , so, too, is the stock market. The Dow fell 622 points on Thursday, or 1.7%, to 34,312; the S&P 500 fell 94 points, or 2.1%, to...

S&amp;P 500 Shakes Off Slump After Fed Releases Minutes
Minutes From Fed Meeting
Give Markets a Boost
MARKETS

Minutes From Fed Meeting Give Markets a Boost

Central bank is ready to raise interest rates

(Newser) - Stocks shook off an early slump and ended mixed on Wall Street Wednesday after minutes from the Federal Reserve’s latest meeting showed policymakers still leaning toward moving decisively to fight inflation. The S&P 500 wound up with a slight gain, while the Dow Jones Industrial Average and the...

Stocks Rebound as Ukraine Tensions Ease
Stocks Rebound as
Ukraine Tensions Ease
MARKETS

Stocks Rebound as Ukraine Tensions Ease

Feds say inflation surged 9.7% year-on-year

(Newser) - Stocks ended broadly higher on Wall Street Tuesday as investors welcomed signs that tensions might ease in Ukraine. Moscow said some troops near Ukraine’s borders would begin returning to their bases , however President Biden said that claim remains unverified. Bond yields rose after another indicator on inflation came in...

Oil, Natural Gas Prices Rise Amid Ukraine Tensions

Major indexes slid Monday

(Newser) - Stocks closed lower on Wall Street Monday as the US moved to close its embassy in Ukraine amid heightened geopolitical tensions over the thousands of Russian troops that have been amassing on the border. Financial, health care, and energy companies were among the biggest weights dragging the market lower. Moderna...

India Has a Bizarre Stock Market Scandal

Former head of largest exchange is accused of being a 'puppet' of a Himalayan yogi

(Newser) - This might be the most unusual financial scandal in a while: The former chief of India's biggest stock exchange is accused of sharing sensitive financial data with a Himalayan yogi and relying on the guru for major decisions, reports the BBC . The Securities and Exchange Board of India leveled...

Global War Worries Rattle the Markets
Global War Worries
Rattle the Markets
MARKETS

Global War Worries Rattle the Markets

S&P 500 falls nearly 2%

(Newser) - Stocks sank Friday as worries about an imminent Russian invasion of Ukraine piled onto Wall Street’s already heavy list of concerns about inflation and interest rates, per the AP . The Dow fell 503 points, or 1.4%, to 34,738; the S&P 500 fell 85 points, or 1....

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