Asia stocks mixed after Wall Street falls, U.S. bans Russian oil

📆 2022-03-09 15:45:00
📰 CTVNews

⏱ Reading Time:
41 sec. here
2 min. at publisher
📊 Quality Score:
News: 20%
Publisher: 99%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Most Asian stock markets rebounded Wednesday following Wall Street's decline while Chinese shares sank after inflation edged higher.

Already high oil prices rose further, adding more than US$2 per barrel following President Joe Biden's ban on imports of Russian crude.

Asian markets “seem to be taking a breather” from their sell-off, but Wall Street’s retreat “may drive some wait-and-see as geopolitical risks show no signs of easing,” Yeap Jun Rong of IG said in a report. Benchmark U.S. crude rose $2.28 to $125.98 per barrel in electronic trading on the New York Mercantile Exchange. The contract jumped $4.30 on Tuesday to $123.70.

Nickel prices doubled Tuesday to more than $100,000 per metric ton, prompting the London Metal Exchange to suspend trading. The exchange issued an update saying it did not expect to resume trading before March 11 and was considering imposing a trading band when it does. The Dow Jones Industrial Average lost 0.6% to 32,632.64. The Nasdaq composite retreated 0.3% to 12,795.55. On Monday, it closed 20% below its record high.

Skriv Kommentar

What about assuming the Ukraine war as an opportunity to detoxify ourselves from fossil fuels? Our civilization needs it desesperately retroprogress

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Asia stocks mixed after Wall St falls, US bans Russian oilAsian stocks rebound, oil continues to climb after Biden bans imports of Russian crude hey add on snapchat bettycoalson9
Källa: globeandmail - 🏆 5. / 92 Läs mer »