Stocks tumbled with U.S. oil prices hitting the highest level since 2008 as Russia tightens its grip on Ukraine.
during the final hour of trading Monday as investors stepped up caution with oil prices hitting the highest levels since 2008 as the Russia, Ukraine conflict continues to dictate the market's direction.
The Dow Jones Industrial Average fell 801 points or 2.4% led by shares of American Express, Nike and Visa. The Dow entered correction territory, off 10%, from January highs.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow Jones Technical Analysis: Deepening its LossesThe Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses in its last sessions, by -0.53%.
Read more »
Dow futures fall nearly 500 points as U.S. and allies weigh Russian oil import banU.S. stock futures stumbled Monday as the U.S. and its allies considered a Russian oil import ban, further squeezing commodity prices.
Read more »
Dow Futures Fall More Than 300 Points as Oil Prices Spike to 13-Year High on Russia-Ukraine WarU.S. equity futures fell Sunday evening after the Dow finished its fourth down week as investors continued to monitor the fighting between Russia and Ukraine.
Read more »
Dow futures fall nearly 500 points as U.S. and allies weigh Russian oil import banU.S. stock futures stumbled Monday as the U.S. and its allies considered a Russian oil import ban, further squeezing commodity prices.
Read more »
DAX 40 in a Bear Market, FTSE 100 Dragged Down to Key SupportThe main highlight overnight had been the spike higher in oil prices in which Brent crude futures rose to $139/bbl amid reports that US are considering whether to ban the import of Russian oil. Get your market update from JMcQueenFX here:
Read more »
Global Markets Fall After Oil Hits $130 a BarrelU.S. stock futures and global equity indexes dropped after Russian forces intensified strikes across Ukraine and as the threat of a potential ban on imports of Russian oil helped spur a surge in energy prices. Earlier Monday, oil prices topped $130.
Read more »