Stocks fall again as uncertainty over Ukraine war persists

  • 📰 latimes
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 82%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Stocks closed broadly lower Friday, capping a turbulent week on Wall Street as uncertainty about the war in Ukraine and inflation continue.

High gas prices are making life difficult for many drivers. But some people aren’t bothered, mainly because they switched to other modes of transportation.The moves are the latest swings for global markets, which have been rocked by dramatic hour-to-hour reversals in prior weeks as investors struggle to guess how highwill send prices of oil, wheat and other commodities produced in the region.

Early Friday, before Wall Street opened, the pendulum was swinging toward optimism. European stocks and U.S. stock futures rose abruptly after comments from Russian President Vladimir Putin that some analysts saw as surprisingly optimistic. Putin cited “certain positive developments” in negotiations with Ukraine, though he didn’t offer any details.

More swings are probably ahead for markets because so much uncertainty remains about the war in Ukraine and inflation. President Biden announced Friday that along with the European Union and the Group of 7 countries, the. The move opens to door to tariffs on Russian imports. Markets were already on edge before Russia’s invasion, as central banks are set to raise interest rates and remove support for the economy put in place after the pandemic. The Federal Reserve and other central banks hope to stamp out the highest inflation in generations, though they also risk causing a recession if they raise rates too high or too quickly.

Brazil’s state-run oil company Petrobras on Friday increased its prices of fuels sold to its distributors by as much as 25%, citing the war between Russia and Ukraine, as official data showed inflation accelerated in February.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Unibocconi

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 11. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks fall again as uncertainty over Ukraine war persistsNEW YORK (AP) — Stocks gave up early gains and closed broadly lower Friday, capping a turbulent week of trading on Wall Street as uncertainty about the war in Ukraine and surging inflation co…
La source: ladailynews - 🏆 332. / 59 Lire la suite »

European stocks give back gains as ECB meeting looms; Goldman Sachs cuts growth outlook over UkraineEuropean stocks were on the backfoot on Thursday, ahead of a key central bank meeting and as oil prices renewed a push higher. The true Muslims will fight against the army of Dajjal. This will be the worst war of mankind, and will be the precedent before the return of Esa AS. These are events from Muhammad Qasim's dreams, & many are already calling him the Imam Al-Mahdi.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Goldman says consider buying these stocks as Ukraine-Russia war hits the European economyAs the Ukraine-Russia conflict nears its second week, Goldman Sachs thinks this scenario can help clients play the market. You guys are promoting rug pulls 😂
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stocks Slump on Wall Street as Oil, Inflation Worries RiseStock market swings have become common in recent weeks, not only day-to-day but hour-to-hour, after Russia’s invasion of Ukraine raised worries about how high prices will go for oil, wheat and other commodities produced in the region.
La source: wttw - 🏆 520. / 51 Lire la suite »

Stocks slip, oil prices turn lower as uncertainty continuesOil’s back-and-forth moves were just some of the waves of reports buffeting markets worldwide.
La source: WTVYNews4 - 🏆 590. / 51 Lire la suite »

Stocks and oil slide, gold above $2,000Investors weigh rising inflation and the ongoing Russia-Ukraine conflict as volatility remains high.
La source: FoxNews - 🏆 9. / 87 Lire la suite »