Thursday, March 3, 2022

Russian oil isn't sanctioned, but nobody wants to touch it anyway

The war in Ukraine is raging. The oil market is panicking.
CNN Business: Markets Now
 
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Russian oil isn't sanctioned, but nobody wants to touch it anyway
The war in Ukraine is raging. The oil market is panicking. Read more »
 
The future of Best Buy: At-home gyms, e-bikes and outdoor grills
Best Buy built a retail empire selling TVs and laptops. But to keep growing and fend off rivals like Amazon and Walmart, the company needs new ways to attract customers. Read more »
 
Ben & Jerry's stops making ice cream in Israel. Its Israeli manufacturer is suing
Ben & Jerry's decision to stop manufacturing ice cream in Israel sparked a lawsuit from its Israeli distributor. Read more »
 
Oil price shocks cause recessions. Will this one do the same?
Crude oil prices briefly surged to their highest levels since 2008 Thursday morning before pulling back a bit. Still, at about $110 a barrel, there are growing concerns that skyrocketing energy prices could lead to a severe economic pullback in the United States and around the globe. Read more »
 
Oil prices touch highest level since September 2008, when Lehman Brothers collapsed
US oil prices briefly spiked on Thursday to their highest level in nearly 14 years, as concerns about disruptions to Russia's supplies continue. Read more »
 
How Russia's invasion of Ukraine changed the global economy in a week
A week of war in Ukraine has rocked the global economy, as quick-fire Western sanctions isolated Russia, collapsed its currency and financial assets and sent energy and food prices soaring. Read more »
 
 
 
 
Dow Nasdaq S&P
-96.69   -214.07   -23.05
33,794.66   13,537.94   4,363.49
-0.29%   -1.56%   -0.53%
YTD -7.00%   YTD -13.47%   YTD -8.45%
 
Biggest Winners
Kroger Co +11.61%
 
Best Buy Co Inc +9.22%
 
Brown-Forman Corp +7.08%
 
Lumen Technologies Inc +3.77%
Biggest Losers
Epam Systems Inc -13.13%
 
Darden Restaurants Inc -5.22%
 
Under Armour Inc -5.02%
 
PVH Corp -4.87%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $107.96 -2.64 / -2.39%
Gold $1,938.80 +16.50 / +0.86%
10-yr 1.84% -0.02
Euro $1.11 -0.00 / -0.44%
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