Dow industrials edge higher, a day after logging first correction in 2 years, and Nasdaq deepens bear-market slump

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Dow industrials edge higher, a day after logging first correction in 2 years, and Nasdaq deepens bear-market slump
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U.S. stock benchmarks trade mixed Tuesday morning as President Joe Biden decides to ban Russian oil imports, reports say Tuesday.

U.S. stock benchmarks traded mixed Tuesday morning as President Joe Biden decided to ban Russian oil imports, according to reports, as he seeks to ratchet up pressure on Moscow in retaliation for its unprovoked invasion of Ukraine, now in its 13th day.

... U.S. stock benchmarks traded mixed Tuesday morning as President Joe Biden decided to ban Russian oil imports, according to reports, as he seeks to ratchet up pressure on Moscow in retaliation for its unprovoked invasion of Ukraine, now in its 13th day. Bloomberg reported that the energy ban will include Russian oil, liquefied natural gas and coal. The decision was made in consultation with European allies, who rely more heavily than the U.S. on Russian energy, Bloomberg reported.

 

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