Friday, April 8, 2022

Europe turns its back on Russian coal. Is oil next?

European leaders have agreed to phase out Russian coal imports as part of a new package of sanctions triggered by evidence of atrocities in Bucha, Ukraine. An oil embargo could be next.
CNN Business: Markets Now
 
  Advertisement
News: What you need to know about the markets
 
 
Europe turns its back on Russian coal. Is oil next?
European leaders have agreed to phase out Russian coal imports as part of a new package of sanctions triggered by evidence of atrocities in Bucha, Ukraine. An oil embargo could be next. Read more »
 
Formula 1 stock zooms higher on nascent US fandom
The globally loved Formula 1 racing is winning more US fans, thanks largely to Netflix's popular "Drive to Survive" reality show and ESPN's coverage of the races. And F1's stock is red hot, too. Read more »
 
Ex-Goldman banker convicted in 1MDB corruption case
Former Goldman Sachs banker Roger Ng was convicted by a U.S. jury on Friday of conspiring to violate an anti-corruption law to help loot hundreds of millions of dollars from Malaysia's 1MDB development fund. Read more »
 
Recession-proof stocks are having a moment
Investors are worried that the risks of a recession are rising in the United States. In Europe, they fear economies could also stall while inflation soars, delivering the toxic combination known as "stagflation." Read more »
 
Deadly avian flu sends egg prices soaring
A deadly and highly infectious avian flu is forcing US farmers to kill millions of egg-laying hens, reducing the country's egg supply and driving up prices. Read more »
 
US consumer credit jumped by more than $40 billion in February
Americans got into a lot more debt in February as rampant inflation kept up the pressure, the Federal Reserve's consumer credit report showed Thursday. Read more »
 
 
 
 
Dow Nasdaq S&P
+137.55   -186.30   -11.93
34,721.12   13,711.00   4,488.28
+0.40%   -1.34%   -0.27%
YTD -4.45%   YTD -12.36%   YTD -5.83%
 
Biggest Winners
Epam Systems Inc +10.13%
 
Coterra Energy Inc +7.32%
 
Occidental Petroleum Corp +7.14%
 
Halliburton Co +5.80%
Biggest Losers
Twitter Inc -3.75%
 
HP Inc -3.57%
 
Generac Holdings Inc -3.22%
 
Tyler Technologies Inc -2.77%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $97.88 +1.85 / +1.93%
Gold $1,950.00 +12.20 / +0.63%
10-yr 2.71% +0.06
Euro $1.09 +0.00 / +0.08%
More Markets Now
 
Watch the live digital show, now every Wednesday 12 p.m.
to 12:15 p.m. ET.
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNow@cnn.com
Sign up for
Reliable Sources
newsletter
  Sign up for
Before the Bell
newsletter
 
 
Tips, thoughts or questions are always welcome at
MarketsNow@cnn.com
 
Want to change how you receive these emails?
You can unsubscribe from this list
 
® © 2022 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
1 CNN Center
Atlanta, GA 30303
 
                                                 

No comments:

Post a Comment

Fashion’s Asian Growth Engines

TikTok Blocks Beauty Filters; US Retailers' Black Friday Strategy ADVERTISEMENT WHAT YOU NEED TO KNOW TODAY: THU...