Ongoing reporting from the world’s leading markets: important updates, prominent stocks, bonds and analyst updates
23:00 – Leading Wall Street indices closed tonight with declines. Nasdaq lost 1.7%, S&P 500 fell 0.8%, Dow Jones fell 0.5%. In weekly summary, Dow Jones and S&P 500 lost 1.3%, Nasdaq fell 2.8%. Prominent in today’s trading: Boeing, which lost 4.2% of its campaign, and AMD, which fell 3.2%. Energy stocks, on the other hand, closed higher: ExxonMobil added 3.8%, while Chevron strengthened 1.6%.
21:35 – The price of WTI crude oil soared today in the wake of developments in Ukraine by 7.4% ($ 8) to $ 115.7 a barrel – its highest level in more than 13 years.
20:40 – Gold recorded a daily and weekly jump against the backdrop of the war in Europe that pushed investors to the safe haven: today the value of the precious metal climbed 1.6% ($ 30.70) to $ 1,966.60 an ounce. This week, the value of gold jumped by 4.3%.
19:10 – The European stock exchanges recorded the worst week since the outbreak in March 2020. The Stokes’ 600 leading stocks in Europe fell today by 3.6%, led by the banks, which dipped by 6.7%. This week, the Stokes fell 7 percent. The Paris Stock Exchange fell 5% today, London 3.5%, Frankfurt 4.4%, Milan 6.2%.
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Refugees from Ukraine at a train station on the border with Poland
(Getty)
18:35 – In Europe, declines are increasing ahead of the weekly close in the shadow of the war in Ukraine: the Paris Stock Exchange is already down 5%, Frankfurt is down 4.2%, Milan is down 6.2%.
18:15 – The price of copper is soaring to an all-time high in the shadow of the war in Europe that is boosting the value of goods in the world: the value of the metallic chemical increases by 2.6% to $ 4,903.
18:00 – Leading the declines in the Dow Jones: Visa is down 4.8%, Disney is down 3.9%, American Express is down 3.8%, as is JPMorgan Chase, and Boeing is down 3.4%. At Techno – Apple and Microsoft delete 2.3% each.
17:15 – Shares of arms company Smith & Wesson fall 20%. The company noted that sales fell significantly (by 31%) compared to the peak epidemic period, returning to the period before Corona.
16:30 – New York stock markets are opening down despite the excellent employment report in the US, due to the powerful war in Europe that is clouding sentiment in the markets: the Dow Jones index is down 1.1%, the S&P 500 is down 0.8% and the Nasdaq is down 0.4%.
US bonds soar – 10-year bond yields fall by 10 basis points to 1.74%. Gold prices jump above $ 1,950 an ounce, US oil climbs to $ 112 a barrel, Brent rises to $ 114 a barrel .
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A Ukrainian soldier in Kiev
(AP)
15:30 – Excellent employment data in the US – 678,000 jobs were added to the economy in February compared to a much smaller expectation of an addition of 440,000 jobs.
15:15 – Before, after the reports:
Gap jumps 7% after the fashion company posted a smaller-than-expected loss in the fourth quarter of 2021 and gave a satisfactory forecast for investors for the rest of the year. Gap posted a quarterly loss of 2 cents a share compared to market analysts’ expectations for a loss of 14 cents a share. Revenues also surpassed market expectations.
Retail shares of Costco were cut 2% pre-year despite better-than-expected reports in the last quarter with net income of $ 2.92 per share and revenue of $ 51.9 billion. Market forecasts were for net income of $ 2.74 per share and revenue of $ 51.47 billion.
Shares of chipmaker Broadcom climbed 3.7% after surpassing forecasts in the last quarter. Adjusted earnings were $ 8.39 per share compared to market expectations of $ 8.08 per share. The company’s revenues for the current quarter exceeded market forecasts.
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Broadcom headquarters
(epa)
14:00 – Towards a red open on Wall Street: Contracts for the Dow Jones, S&P 500 and Nasdaq are cut by 0.8%. The 10-year US bond yield falls by 7 basis points to a rate of 1.77%. US oil climbs At 2% to $ 109 a barrel, Brent rises to $ 112.
The VIX fear index jumps by 11%. Gold jumps 0.6% above $ 1,948 an ounce, the dollar jumps, crypto falls. In Europe, the situation is worse – with the Paris, London and Frankfurt stock markets falling by more than 3%.
At 15:30 Israel time, the employment data for February in the United States will be published. The market expects an increase of 440,000 jobs and a decrease in the unemployment rate to 3.9% from 4% in January.
11:54 – Today (15:30 Israel time) the employment report for February will be published in the United States. Analysts expect an addition of 440,000 jobs, compared to 467,000 jobs in January; The hourly wage is expected to rise by 0.5% (5.8% on an annualized basis), and the unemployment rate is expected to fall by 0.1%, to 3.9%.
In Europe, declines are getting stronger – Paris and Frankfurt are losing 3.1%, London minus 2.4%.
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Frankfurt Stock Exchange
(Photo: Bloomberg)
11:00 – Trading on European stock exchanges is declining – Kak in Paris is down 2.1%, Ducks in Frankfurt is down 2.2%, and Potsey in London is down 1.1%.
The London Stock Exchange has suspended from trading other Russian companies, including the communications company Rustelcom, the food retailer Magnet and the Systema Group. The Moscow Stock Exchange is still closed.
In Asia – Hang Seng closed down 2.5%, with Shanghai losing 1%.
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Magnet supermarket in Moscow
(Getty)
Intel and AMD confirm reports that they have stopped supplying the chips to Russia and Belarus.
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Tokyo Stock Exchange
(Photo: AP)