Treasury yields sank again as investors moved money into U.S. government bonds in search of safety, and a measure of nervousness on Wall Street climbed.than economists expected, one described as encouraging and even “fantastic.” Hiring by employers last month topped expectations by hundreds of thousands of workers, more people came back into the workforce after sitting on the sidelines and jobs numbers for prior months were revised higher.
Such concerns helped drag the Dow Jones Industrial Average down more than 500 points in the early going. The blue chip index clawed back some of those losses by afternoon. It was down 386 points, or 1.1%, to 33,408, as of 2:13 p.m. Eastern time. The Nasdaq composite was 2% lower. Trading on the Moscow exchange, after briefly opening Monday, has remained closed throughout the week. The value of Russia’s ruble continues to hover below a penny after plunging roughly 30% since the middle of last week. It now takes roughly 104 rubles to get a dollar, up from fewer than 75 at the start of the year. The ruble has dropped as Western governments imposed sanctions that cut off much of Russia’s access to the global financial system.
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin declines with US stocks as nuclear threat ripples through marketsBitcoin suffers on macro triggers while bulls hold out hope for a reversal. Down heavily from launch 4 months ago beyondprotocol1 due to social engineering attack & botched unlock of presale tokens. Price is bottomed and should 10x due to mainnet & top 5 exchange listing. SOL type of growth. Solid fundamentals & long term play. Don’t miss this gem. Bruh it’s not war it’s simple BTC TA…
Source: Cointelegraph - 🏆 562. / 51 Read more »
Stocks making the biggest moves after hours: ChargePoint, Snowflake, Box & moreCheck out the companies making headlines in after hours trading.
Source: CNBC - 🏆 12. / 72 Read more »
European stocks could be heading for a bear marketStocks around the world fell Friday following the news that Russian troops are occupying Ukraine's largest nuclear power plant. But shares in Europe were battered particularly hard. The stock market crash has nothing to do with over priced junk it's Russia's fault.
Source: cnni - 🏆 326. / 59 Read more »
These five military stocks are gaining big time on Ukraine-Russia warThe US stock market has had a dismal start to 2022. Every sector, save energy, has lost ground year to date. The defense industry, however, remains an
Source: FXStreetNews - 🏆 14. / 72 Read more »
Stocks Making the Biggest Moves in the Premarket: Best Buy, BJ's, Snowflake and MoreSee which stocks are posting big moves before the bell.
Source: nbcchicago - 🏆 545. / 51 Read more »
European stocks fall for third time in four sessionsEuropean stocks were trading lower Thursday for the third time in four days, as uncertainty over the Russian invasion of Ukraine continued. GM GM GM !!! The time has come Decentraland MANA SAND
Source: MarketWatch - 🏆 3. / 97 Read more »