U.S Markets, trading session on the U.S bourse was volatile in yesterday trading as investors pommel the decision of President Biden to ban Russian oil imports and its long-term impact. The Nasdaq Composite, which entered a bear market Monday, fell 0.3%, while the S&P 500 slipped 0.7%, and the Dow Jones Industrial Average was over 185 points or 0.6%.
| Ticker |
Security |
Last |
Change |
Change % |
| I:DJI |
DOW JONES AVERAGES |
32632.64 |
-184.74 |
-0.56% |
| SP500 |
S&P 500 |
4170.7 |
-30.39 |
-0.72% |
| I:COMP |
NASDAQ COMPOSITE INDEX |
12795.56 |
-35.41 |
-0.28% |
Commodities, Oil remained higher but eased to $123.70 per barrel.
| Ticker |
Security |
Last |
Change |
Change % |
| XLE |
ENERGY SELECT SECTOR SPDR ETF |
77.54 |
+1.19 |
+1.56% |
A gallon of regular gas now costs an average of $4.17 across the country after breaching the $4 barrier on Sunday for the first time since 2008, per AAA.
| Ticker |
Security |
Last |
Change |
Change % |
| USO |
UNITED STATES OIL FUND L.P. |
85.46 |
+3.06 |
+3.71% |
| BNO |
UNITED STS BRENT OIL FD LP UNIT |
35.72 |
+1.56 |
+4.57% |
| UGA |
UNITED STATES GASOLINE FUND LP PARTNERSHIP UNITS |
64.99 |
+2.09 |
+3.32% |
Shell Oil confirmed it will withdraw from involvement in all Russian hydrocarbons due to the country's invasion of Ukraine.
| Ticker |
Security |
Last |
Change |
Change % |
| SHEL |
SHELL PLC |
52.94 |
+1.38 |
+2.68% |
Gold also rose above the $2,040 mark in a flight-to-safety move, now at the highest level since August 2020.
| Ticker |
Security |
Last |
Change |
Change % |
| GLD |
SPDR GOLD SHARES TRUST - EUR ACC |
191.46 |
+5.07 |
+2.72% |
Fintech Deals, Apple ended lower after rolling out more 5G connectivity to its cheaper iPhone SE while the iPad Air got upgraded with faster chips.
| Ticker |
Security |
Last |
Change |
Change % |
| AAPL |
APPLE INC. |
157.44 |
-1.86 |
-1.17% |
Google LLC is buying Mandiant, a "leader in dynamic cyber defense and response," in a deal valued at $5.4 billion or $23 per share. "The acquisition of Mandiant will complement Google Cloud’s existing strengths in security," Google noted in the announcement.
| Ticker |
Security |
Last |
Change |
Change % |
| GOOGL |
ALPHABET INC. |
2,542.09 |
+14.52 |
+0.57% |
| MNDT |
MANDIANT |
22.04 |
-0.45 |
-2.00% |
Exodus of U.S Companies, U.S. companies continued to distance themselves from Russia on Tuesday, as McDonald's, Pepsi, Starbucks, and Amazon joined the movement, along with dating app Bumble.
| Ticker |
Security |
Last |
Change |
Change % |
| MCD |
MCDONALD'S CORP. |
222.80 |
-1.50 |
-0.67% |
| PEP |
PEPSICO INC. |
157.87 |
-4.58 |
-2.82% |
| SBUX |
STARBUCKS CORP. |
84.00 |
-0.46 |
-0.54% |
| AMZN |
AMAZON.COM INC. |
2,720.29 |
-28.77 |
-1.05% |
| BMBL |
BUMBLE INC. |
16.66 |
+0.43 |
+2.65% |
Cryptocurrencies, Bitcoin hovered around $38,000.
SPOT MARKET BY THE HOUR AS OF GMT 09:30 03-04-22
European Market, the European market plummeted and went negative across the board while investors watches development around Russia take over the largest Nuclear plant in Europe. London's FTSE increased by 1.79% to 7,088.94, Germany's DAX climbed by 3.91% to 13,333.67 and France's CAC also jumped by 3.66% to 6,181.3.
SOURCE: CNBC
IMAGE SOURCE: PIXABAY
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