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2022-03-10

Dow Falls 300 Points with Oil on the Rise Again, Russia-Ukraine Talks Falter

Stocks fell on Thursday as peace talks between Ukraine and Russia showed little progress on key issu

Dow Falls 300 Points with Oil on the Rise Again, Russia-Ukraine Talks Falter

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The S&amp;P 500 shed 1.3% and the Nasdaq Composite was 1.6% lower.</p><p>Negotiations between Russian and Ukrainian foreign ministers ended with little progress on matters including a cease-fire and safe passage of fleeing civilians.</p><p>Markets have been tied closely to the conflict and have been inversely correlated with energy prices, which have been on a tear higher during the Russia-Ukraine war. A day after West Texas Intermediate crude tumbled more than 12%, the U.S. benchmark climbed about 4% to $112.98. Brent crude oil, which tumbled 13% on Wednesday, rose nearly 5% on Thursday to $116.50.</p><p>Other commodities that have seen significant rallies since the war in Ukraine also pulled back Wednesday, including silver and wheat. Investors have been worried about the impact of high prices on economic growth.</p><p>Elsewhere in markets, Amazon shares jumped more than 6% in premarket trading after the company announced a 20-for-1 stock split and $10 billion buyback. CrowdStrike rallied nearly 11% premarket following an earnings beat and raising its outlook.</p><p>The consumer price index, a key inflation gauge, showed a wide-ranging basket of goods and services increased 7.9% in February, a fresh 40-year high. This was a touch higher than the estimate of 7.8% for the year, according to economists surveyed by Dow Jones.</p><p>On a month-over-month basis, the CPI gain was 0.8%., compared to the estimate of 0.7% for the month.</p><p>“The inflation situation is getting worse, not better. Household staples are becoming more and more expensive, crowding out spending on discretionary categories and delaying the spending reallocation back to services. And while gas prices explain much of the story, food and housing prices were also key drivers in February,” said John Leer, Morning Consult’s Chief Economist.</p><p>“Unfortunately the war in Ukraine will make it more difficult to get inflation under control. Gas and energy prices continue to rise, wheat prices are through the roof and supply chains remain in chaos,” Leer added.</p><p>The European Central Bank on Thursday opted to keep interest rates unchanged, remaining cautious about the potential economic fallout from Russia’s invasion of Ukraine. The ECB’s decision comes ahead of next week’s Federal Reserve meeting where the central bank is expected to raise rates.</p><p>Weekly initial jobless claims are also slated to come out Thursday and are expected to total 216,000.</p><p>In Wednesday’s trading session, the Dow rose more than 650 points. The S&amp;P 500 climbed 2.6% for its best day since June 2020. The Nasdaq Composite gained 3.6% for its best day since November 2020.</p><p>“It is somewhat typical of a high volatility environment where you can get just wicked swings in both directions,” said Liz Ann Sonders, Charles Schwab chief investment strategist. “A relief rally is probably the best way to describe what happened in the markets. ... It doesn’t surprise me to see a very sharp countertrend move.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Falls 300 Points with Oil on the Rise Again, Russia-Ukraine Talks Falter</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Falls 300 Points with Oil on the Rise Again, Russia-Ukraine Talks Falter\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-03-10 22:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks fell on Thursday as peace talks between Ukraine and Russia showed little progress on key issues and oil prices again moved higher.</p><p>The Dow Jones Industrial Average dipped about 400 points, or 1.2%. The S&amp;P 500 shed 1.3% and the Nasdaq Composite was 1.6% lower.</p><p>Negotiations between Russian and Ukrainian foreign ministers ended with little progress on matters including a cease-fire and safe passage of fleeing civilians.</p><p>Markets have been tied closely to the conflict and have been inversely correlated with energy prices, which have been on a tear higher during the Russia-Ukraine war. A day after West Texas Intermediate crude tumbled more than 12%, the U.S. benchmark climbed about 4% to $112.98. Brent crude oil, which tumbled 13% on Wednesday, rose nearly 5% on Thursday to $116.50.</p><p>Other commodities that have seen significant rallies since the war in Ukraine also pulled back Wednesday, including silver and wheat. Investors have been worried about the impact of high prices on economic growth.</p><p>Elsewhere in markets, Amazon shares jumped more than 6% in premarket trading after the company announced a 20-for-1 stock split and $10 billion buyback. CrowdStrike rallied nearly 11% premarket following an earnings beat and raising its outlook.</p><p>The consumer price index, a key inflation gauge, showed a wide-ranging basket of goods and services increased 7.9% in February, a fresh 40-year high. This was a touch higher than the estimate of 7.8% for the year, according to economists surveyed by Dow Jones.</p><p>On a month-over-month basis, the CPI gain was 0.8%., compared to the estimate of 0.7% for the month.</p><p>“The inflation situation is getting worse, not better. Household staples are becoming more and more expensive, crowding out spending on discretionary categories and delaying the spending reallocation back to services. And while gas prices explain much of the story, food and housing prices were also key drivers in February,” said John Leer, Morning Consult’s Chief Economist.</p><p>“Unfortunately the war in Ukraine will make it more difficult to get inflation under control. Gas and energy prices continue to rise, wheat prices are through the roof and supply chains remain in chaos,” Leer added.</p><p>The European Central Bank on Thursday opted to keep interest rates unchanged, remaining cautious about the potential economic fallout from Russia’s invasion of Ukraine. The ECB’s decision comes ahead of next week’s Federal Reserve meeting where the central bank is expected to raise rates.</p><p>Weekly initial jobless claims are also slated to come out Thursday and are expected to total 216,000.</p><p>In Wednesday’s trading session, the Dow rose more than 650 points. The S&amp;P 500 climbed 2.6% for its best day since June 2020. The Nasdaq Composite gained 3.6% for its best day since November 2020.</p><p>“It is somewhat typical of a high volatility environment where you can get just wicked swings in both directions,” said Liz Ann Sonders, Charles Schwab chief investment strategist. “A relief rally is probably the best way to describe what happened in the markets. ... It doesn’t surprise me to see a very sharp countertrend move.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108694693","content_text":"Stocks fell on Thursday as peace talks between Ukraine and Russia showed little progress on key issues and oil prices again moved higher.The Dow Jones Industrial Average dipped about 400 points, or 1.2%. The S&P 500 shed 1.3% and the Nasdaq Composite was 1.6% lower.Negotiations between Russian and Ukrainian foreign ministers ended with little progress on matters including a cease-fire and safe passage of fleeing civilians.Markets have been tied closely to the conflict and have been inversely correlated with energy prices, which have been on a tear higher during the Russia-Ukraine war. A day after West Texas Intermediate crude tumbled more than 12%, the U.S. benchmark climbed about 4% to $112.98. Brent crude oil, which tumbled 13% on Wednesday, rose nearly 5% on Thursday to $116.50.Other commodities that have seen significant rallies since the war in Ukraine also pulled back Wednesday, including silver and wheat. Investors have been worried about the impact of high prices on economic growth.Elsewhere in markets, Amazon shares jumped more than 6% in premarket trading after the company announced a 20-for-1 stock split and $10 billion buyback. CrowdStrike rallied nearly 11% premarket following an earnings beat and raising its outlook.The consumer price index, a key inflation gauge, showed a wide-ranging basket of goods and services increased 7.9% in February, a fresh 40-year high. This was a touch higher than the estimate of 7.8% for the year, according to economists surveyed by Dow Jones.On a month-over-month basis, the CPI gain was 0.8%., compared to the estimate of 0.7% for the month.“The inflation situation is getting worse, not better. Household staples are becoming more and more expensive, crowding out spending on discretionary categories and delaying the spending reallocation back to services. And while gas prices explain much of the story, food and housing prices were also key drivers in February,” said John Leer, Morning Consult’s Chief Economist.“Unfortunately the war in Ukraine will make it more difficult to get inflation under control. Gas and energy prices continue to rise, wheat prices are through the roof and supply chains remain in chaos,” Leer added.The European Central Bank on Thursday opted to keep interest rates unchanged, remaining cautious about the potential economic fallout from Russia’s invasion of Ukraine. The ECB’s decision comes ahead of next week’s Federal Reserve meeting where the central bank is expected to raise rates.Weekly initial jobless claims are also slated to come out Thursday and are expected to total 216,000.In Wednesday’s trading session, the Dow rose more than 650 points. The S&P 500 climbed 2.6% for its best day since June 2020. The Nasdaq Composite gained 3.6% for its best day since November 2020.“It is somewhat typical of a high volatility environment where you can get just wicked swings in both directions,” said Liz Ann Sonders, Charles Schwab chief investment strategist. “A relief rally is probably the best way to describe what happened in the markets. ... 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