Dow ends up over 100 points as stocks book back-to-back gains
U.S. stocks were higher but off the session’s best levels Thursday afternoon, after the Nasdaq Composite...
U.S. stocks were higher but off the session’s best levels Thursday afternoon, after the Nasdaq Composite earlier touched levels unseen since mid-February, as banking-sector fears eased and U.S. economic data bolstered hopes for a peak in interest rates.
The Dow Jones Industrial AverageDJIA gained 97 points, or 0.3%, to 32,817
The Nasdaq CompositeCOMP advanced 72 points, or 0.6%, to 11,998. Earlier it traded as high as 12,038, its highest intraday level since Feb. 16, according to FactSet data.
US stock futures rise early Thursday in a further sign...
US stock futures rise early Thursday in a further sign fears of a banking crisis are easing. Investors are shifting focus back to the Fed's thinking on interest rates, with a PCE inflation update due Friday. Here are the latest market moves.
On the docket: Bank of China, Manchester United, and more, all reporting.
‘Find Roubles’ If You Want Russian Oil, Top Lawmaker Warns EU
Russia’s top lawmaker warned the EU on March 30 that if it wanted Russian natural gas then it would...
Russia’s top lawmaker warned the EU on March 30 that if it wanted Russian natural gas then it would have to pay in roubles, and cautioned that oil, grain, metals, fertilizer, coal and timber exports could also soon be priced the same way.
After the West imposed crippling sanctions on Russia in response to the invasion of Ukraine, Russian President Vladimir Putin demanded that natural gas exported to Europe or the U.S. should be paid for in his country’s currency.
Europe, which imports about 40% of its gas from Russia and pays mostly in euros, says Russia’s state-controlled gas giant Gazprom is not entitled to redraw contracts. The G7 group of nations rejected Moscow’s demands this week.
Elon Musk's self-driving car project is on a road to nowhere. For years, Musk has said...
Elon Musk's self-driving car project is on a road to nowhere. For years, Musk has said that Teslas are just a software update away from driving themselves. But some automated driving experts think it won't happen anytime soon. Read what they’re saying.
