Biden and China's Xi to discuss Russia and Ukraine in Friday call
MarketWatch: President Joe Biden and Chinese President Xi Jinping...
MarketWatch:President Joe Biden and Chinese President Xi Jinping will hold a call on Friday, the White House announced, in what will be the first conversation between the two leaders since Russia invaded Ukraine. Biden and Xi "will discuss managing the competition between our two countries as well as Russia's war against Ukraine and other issues of mutual concern," the White House said in a statement. Earlier this week, the Associated Press reported that Biden's national security adviser warned a top Chinese official about China's support for Russia in the Ukrainian invasion, even as the Kremlin denied reports it had requested Chinese military equipment to use in the war.
Closing oil and gas prices for Wednesday, March 17, 2022
Benchmark U.S. crude oil for April delivery fell $1.40 to $95.04 a barrel Wednesday. Brent crude...
Benchmark U.S. crude oil for April delivery fell $1.40 to $95.04 a barrel Wednesday. Brent crude for May delivery fell $1.89 to $98.02 a barrel. Wholesale gasoline for April delivery fell 1 cent to $2.99 a gallon. April heating oil rose 7 cents to $3.10 a gallon. April natural gas rose 18 cents $4.75 per 1,000 cubic feet.
Dow ends up over 500 points after Fed's first rate hike in 4 years
Stocks ended sharply higher Wednesday in a session marked by big swings after the Federal...
Stocks ended sharply higher Wednesday in a session marked by big swings after the Federal Reserve delivered a widely expected quarter-point rate hike and penciled in a series of increases over the rest of the year. The Dow Jones Industrial Average DJIA, +1.55% dipped into negative territory after the Fed announcement but roared back by the closing bell to end the session up around 519 points, or 1.5%, near 34,063. The S&P 500SPX, 2.24% jumped 2.2% to close near 4,358, while the Nasdaq Composite COMP, 3.77% advanced 3.8% to close near 13,437.
