Stocks were mixed Monday after news over the weekend that the U.S. is imposing new sanctions on Russia. The good news: the Federal Reserve may be less inclined to be aggressive in hiking interest rates. The Dow Jones Industrial Average fell 179 points or 0.5%, after the index ended 834 points […]
Ukraine
Stocks staged a massive comeback on Thursday afternoon, after falling sharply early in the morning after Russia invaded Ukraine. The Dow staged a turnaround: The index was down more than 2% at its worst level, before finishing the day up 92 points, or 0.3%. The S&P 500 initially slipped, before […]
Traders on the floor of the NYSE, Jan. 26, 2022. Source: NYSE The heavy new round of sanctions on Russia by the U.S. and its allies are likely to push oil prices — and inflation — even higher. That could create a bigger challenge for the Federal Reserve as it […]
MOSCOW (AP) — The East-West faceoff over Ukraine escalated dramatically Tuesday, with Russian lawmakers authorizing President Vladimir Putin to use military force outside his country and U.S. President Joe Biden and European leaders responding by slapping sanctions on Russian oligarchs and banks. Both leaders signaled that an even bigger confrontation […]
Russian President Vladimir Putin is seeking “regime change” and will likely go all the way and invade the rest of Ukraine, according to a former director for Russia at the National Security Council. “I think given the size of the force, the rhetoric we’ve heard about Ukraine overall and its […]
Ukraine-Russia tensions wrested control of investor sentiment from the Fed in a difficult session for the broader markets, which was exacerbated by a few pieces of disappointing economic news. On Thursday, both U.S. President Joe Biden and British Prime Minister Boris Johnson warned that the shelling of a kindergarten in […]