Stocks sink, oil nears $100 per barrel as Biden sticks Russia with sanctions

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Stocks sink, oil hits $92 as Biden sticks Russia with sanctions

"Indeed, a full-scale invasion of Ukraine by Russia will leave many central banks with itchy hiking trigger fingers in a quandary," Jeffrey Halley of Oanda said in a report.

"The immediate impact would be an exacerbation of the rampant inflationary pressures globally as oil hits $130.00+ a barrel."In the U.S., the reporting season continued with Home Depot revenue of $35.72 exceeding estimates, while same-store sales rose 8.1% and U.S. sales alone rose 7.6%. Still, shares fell as the retailer warned of supply-chain challenges. Rival Lowe's reports Wednesday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Fox really? He won't hit any where with sanctions that he has interest in

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:

 /  🏆 458. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil prices near $100 a barrel and stocks sink as Ukraine crisis deepensMounting concerns over the conflict are hitting global financial markets driving up crude prices to an eight-year high. UK barrage all bluff from Russian funded liar “Boris” . “ Sanctioning 5 wee banks and 3 non resident oligarchs suggests the Government cares more about protecting Tory party donations and Londongrad Property Market than it does about imposing meaningful sanctions against Moscow” Which US govt officials have financial investments in Russian interests? Which US based corporations and US Allies have business agreements with Russia?
Source: CBSNews - 🏆 87. / 68 Read more »