The Nasdaq and S&P 500 scored wholesome wins Tuesday, rising forward of a highly-anticipated earnings report from Nvidia (NVDA). The Dow dropped 120 factors for a fourth-straight loss, after international tensions resurfaces amid escalating tensions between Russia and Ukraine. Elsewhere, Treasury costs rose and yields fell merchants cycled into secure haven property, and the Cboe Volatility Index (VIX) rose for a 3rd session in 4.
Proceed studying for extra on at present’s market, together with:
5 Issues to Know In the present day
- Moscow despatched alerts to the West that it is ready for a nuclear response, after confirming that Ukraine used U.S.-made long-range missiles to assault Russian territory. (CNBC)
- Merck (MRK) reported positive results for its new, blockbuster most cancers drug Keytruda. (MarketWatch)
- Be careful for incoming short-term headwinds.
- Extra on Lowe’s gloomy forecast.
- Why one analyst thinks it is time to purchase BioNTech stock.
Commodity Costs Pop on Russia-Ukraine Struggle Developments
Oil costs have been scattered at present, as markets around the globe react to the developments within the Russia-Ukraine warfare. For the session, December-dated West Texas Intermediate (WTI) crude rose 23 cents, or 0.3%, to settle at $69.39 a barrel.
Gold costs, in the meantime, hit their highest mark in every week. Following Ukraine’s assault on Russia, traders went on a safe-haven shopping for spree, whereas in addition they awaited updates from the Federal Reserve concerning rates of interest. Finally test, gold futures are 0.7% larger to commerce at $2,633.50 an oz..
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