• About
  • Privacy Policy
  • Terms
  • Contact
Saturday, February 4, 2023
Social icon element need JNews Essential plugin to be activated.
Financial Eye News
  • Home
  • Markets
    • Stock Market News
    • Commodities
    • Forex
    • Renewables
  • Cryptocurrency
    • Ultimate Guide to Crypto
  • Business
    • News
    • Companies
    • Technology
    • Climate
    • Politics
  • VideosNew
  • Ultimate Guide to Crypto
No Result
View All Result
  • Home
  • Markets
    • Stock Market News
    • Commodities
    • Forex
    • Renewables
  • Cryptocurrency
    • Ultimate Guide to Crypto
  • Business
    • News
    • Companies
    • Technology
    • Climate
    • Politics
  • VideosNew
  • Ultimate Guide to Crypto
No Result
View All Result
Financial Eye News
No Result
View All Result

Futures edge lower, Boeing shares fall after 737 crash

March 21, 2022
in Latest Financial News
Reading Time: 3 mins read
  • Futures off: Dow 0.4%, S&P 0.2%, Nasdaq 0.4%

March 21 (Reuters) – U.S. stock index futures slipped on Monday as oil prices climbed and investors weighed developments around the Russia-Ukraine conflict, while Boeing shares fell after a 737 jet crashed in China.

The planemaker’s shares slid 7.8% in premarket trading after a China Eastern Airlines (600115.SS) passenger jet, with 132 people on board crashed in the mountains of southern China. There was no immediate word on the cause of the crash. read more

Energy stocks rose, with Occidental Petroleum up 3.1%, tracking Brent crude above $111 a barrel as European Union nations consider joining the United States in a Russian oil embargo. read more

Stock markets around the world opened the week on a downbeat note as Ukraine defied a Russian demand that its forces lay down arms before dawn on Monday in Mariupol. Meanwhile, the Kremlin said that peace talks between Moscow and Kyiv had yet to yield any major breakthroughs. read more

Hopes of an eventual peace deal along with a widely expected rate hike by the Federal Reserve had bolstered market sentiment last week, with the Wall Street’s three main indexes logging their biggest weekly percentage gains since early November 2020.

Fed Chair Jerome Powell is due to speak at the National Association for Business Economics Conference at 1200 ET (1600 GMT) on Monday, while other policymakers were set to speak through the week after a hawkish rate hike path laid down by the U.S. central bank last week.

Shares of big banks were mixed, with Morgan Stanley (MS.N) down 0.8%. Barring Tesla Inc (TSLA.O), other megacap growth stocks slipped.

At 06:47 a.m. ET, Dow e-minis were down 134 points, or 0.39%, S&P 500 e-minis were down 9.25 points, or 0.21%, and Nasdaq 100 e-minis were down 51 points, or 0.35%.

Nielsen Holdings (NLSN.N) tumbled 17.3% after it rejected an unsolicited acquisition proposal from a private equity consortium that valued the TV ratings company at $9.13 billion.

Reporting by Devik Jain in Bengaluru

Our Standards: The Thomson Reuters Trust Principles.

Source: Reuters

Tags: AMERSBISVBISV08BLRFINFINSFINS08FUNDINVBISINVMINVS08MKTREPNAMERNEWS1PVEPVE08REPSTXUS

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Social icon element need JNews Essential plugin to be activated.

Recent News

  • Taylor Swift Fans Sue Ticketmaster’s Parent Company
  • Fisker trades down following price cut at Citi By Financial Eye
  • UAW president faces run-off election as reformers make gains

Sections

  • Business
  • Climate
  • Commodities
  • Companies
  • Cryptocurrency
  • Cryptocurrency
  • Forex
  • Green Energy
  • Latest Financial News
  • News
  • Politics
  • Stock Market News
  • Technology
  • Videos

© 2022 Financial Eye News Media

No Result
View All Result
  • Home
  • Markets
    • Stock Market News
    • Commodities
    • Forex
    • Renewables
  • Cryptocurrency
    • Ultimate Guide to Crypto
  • Business
    • News
    • Companies
    • Technology
    • Climate
    • Politics
  • VideosNew

© 2022 Financial Eye News Media

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.