US stocks under pressure as oil prices climb | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

NEW YORK, March 21 — Major US stock indices dipped early today as oil prices continued to climb and US Treasury yields rose amid the Russian war on Ukraine. Comments from Baltic states favouring an embargo on Russian oil and gas helped push crude prices further above US$100 (RM420) a barrel,...

NEW YORK, March 21 — Major US stock indices dipped early today as oil prices continued to climb and US Treasury yields rose amid the Russian war on Ukraine.

Meanwhile, the yield on the 10-year US Treasury note advanced further above two per cent as markets digest the Federal Reserve’s decision last week to lift interest rates. Stocks are coming off a strong week, with the S&P 500 piling on more than six per cent amid bargain hunting and positive trading momentum.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines