Dow Jumps More Than 300 Points
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Source: CNBC
Stock futures rose ahead of Fridays session following a report that ceasefire talks could be gaining traction between Russia and Ukraine.
Reuters sent a brief report quoting Russian President Vladimir Putin saying that certain positive shifts have occurred in the talks.
The report coincided with a sharp acceleration in stock futures, with the Dow Jones Industrial Average futures up more than 300 points and the Nasdaq 100 jumping some 1.4%.
The moves came despite another day of higher energy prices as the Russia-Ukraine war showed little signs of letting up. West Texas Intermediate crude, the U.S. benchmark, rose 2.5% to $108.66 while international standard Brent crude moved 2.5% higher to $112.08.
Read more: https://www.cnbc.com/2022/03/10/stock-market-futures-open-to-close-news.html
The first sign of significant news usually comes from world financial markets.
Sherman A1
(38,958 posts)But I will believe it when I see it.
William Seger
(10,778 posts)... as soon as greed overcomes fear. I don't think it would take much of a rise to trigger a boom -- the speculators will fear they're gonna miss out.
tavernier
(12,375 posts)Trump called Putin and told him that if he helped him win the coming election he would eliminate NATO and help him get Ukraine and the Baltics. Crazy talk I know but would we put it past him?
mobeau69
(11,139 posts)IronLionZion
(45,410 posts)Jetheels
(991 posts)Especially when the Dow didnt even open yet.
Omaha Steve
(99,568 posts)Use the published title of the story as the title of the discussion thread.
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