Russia’s stock market will remain closed this coming week, March 14-18, the country’s central bank said Saturday. However, the central bank said the foreign exchange market, money market and repo mark...
Tag: Commodity/Financial Market News
The world’s largest asset manager and a big bond fund are reported to be early losers from the war in Ukraine
As Wall Street assesses the damage to balance sheets resulting from Russia’s invasion of Ukraine, the world’s largest asset manager and a big bond fund are reported to be early losers. BlackRock BLK, ...
Oil Prices Are Slipping Again. Expect Volatility in Crude to Continue.
Text size Oil prices were on a tear long before Russia invaded Ukraine, but have since marched higher. Mario Tama/Getty Images Oil’s bounce back from its largest decline in two years failed as crude p...
Chinese Stocks Plunge After SEC Stokes Delisting Concerns
A further step by the Securities and Exchange Commission toward forcing companies from China off American exchanges helped trigger the worst decline in U.S.-listed Chinese stocks since the global fina...
What the Russian Invasion of Ukraine Means for Clients Considering Crypto
When Russia invaded Ukraine on Feb. 24, cryptocurrencies posted strong gains. Bitcoin rallied from $38,300 to $44,400, and Ether jumped to $3,000, up from $2,400. President Biden’s recent execu...
Frackers Say Bottlenecks Impede Output Boost as Oil Prices Soar
American shale drillers say there are limits to how much and how quickly they can boost shaky oil supplies following Russia’s invasion of Ukraine, cautioning that supply-chain issues, investors wary o...
Scared of investing during the Ukraine invasion? Try this IRA maneuver
Moe, Larry and Curly have been watching stock markets plunge in the past two weeks in response to the Ukraine invasion. Each wants to invest, say, $100,000 in European stocks—for example through Vangu...
How the Federal Reserve could cut its near $9 trillion balance sheet as it fights inflation
Slimming down might be the trickiest part after two years of the pandemic. As the Federal Reserve looks to shrink its near $9 trillion balance sheet to help cool U.S. inflation pegged at a 40-year hig...
A death cross for the S&P 500 is nearing as inflation fears, Russia’s Ukraine offensive rattles stock-market investors
The S&P 500 index is closing in on a death cross, an ominous chart pattern that underscores the downtrend suffered in an asset. A death cross appears when the 50-day moving average crosses below t...
The U.S. Will Ban Imports of Russian Oil. What Exactly Does That Mean?
Oil prices spiked to their highest levels since 2008 on Tuesday after the U.S. announced it would ban imports of Russian oil. “Today I’m announcing the United States is targeting the main artery of Ru...
The Dow Jones Industrial Average heads for its first correction in 2 years. Here’s the level to watch.
An ugly stretch for U.S. equities was intensifying as the crisis in Ukraine worsened and investors weighed the prospect of further sanctions to cripple the Russian economy as the Kremlin wages war in ...
Cathie Wood Got Oil Wrong. It Isn’t Going to $12. Here’s What She Missed.
ARK Invest’s Cathie Wood predicted in 2020 that oil prices were headed to $12 a barrel. The prediction wasn’t correct, providing a lesson in commodity investing. Kyle Grillot/Bloomberg Tex...
Apple’s Next Event Arrives With the Stock Market in a Fragile Place
Text size Apple’s ‘Peek Performance’ event Tuesday will be closely watched by investors. Hector Retamal/AFP via Getty Images Apple ’s product launches are always closely watched affa...
Berkshire Hathaway’s Market Cap Climbs. It Could Soon Overtake Tesla.
Text size Berkshire Hathaway currently is the sixth most valuable stock in the S&P 500. Photograph by Luke Sharrett/Bloomberg Tesla is the fifth most valuable stock in the S&P 500. But Warren ...
Occidental Petroleum Stock Spikes. 3 Reasons for the Jump.
Text size Shares of Occidental Petroleum are up nearly 90% over the past 12 months. Spencer Platt/Getty Images Occidental Petroleum stock was rising sharply Monday. There are three reasons for the mov...
Occidental Petroleum Stock Spikes. Here Are the Reasons Why.
Text size Spencer Platt/Getty Images Occidental Petroleum stock was rising sharply Monday. There are three reasons why. First, oil prices were surging Monday on supply fears as the U.S. and its allies...
European stocks pounded as oil spikes on possible ban on Russian imports
European stocks careened lower on Monday on the threat of further sanctions against commodities production giant Russia over its invasion of Ukraine. The Stoxx Europe 600 SXXP, -2.63% slumped nearly 4...
‘I think we’re going to see some spectacular returns,’ says ARK’s Cathie Wood
“Given our expectations for growth in these new technologies, I think we’re going to see some spectacular returns.” That was the chief executive officer of ARK Invest, Cathie Wood, who gave an optimis...
Asian markets tumble as oil prices shoot higher amid calls for more sanctions against Russia
TOKYO — The price of oil jumped more than $10 a barrel and Asian markets were sharply lower Monday as the conflict in Ukraine deepened amid mounting calls for harsher sanctions against Russia. Brent c...
Opinion: Short-sellers are scarce and that’s some of the best news the stock market’s had lately
The U.S. stock market should be given the benefit of the doubt over the next 12 months, according to an analysis of short sellers’ recent transactions. This upbeat message may incline you to view shor...