Category: Market News
Share of DraftKings Inc. DKNG, -1.12% dropped 3.2% in afternoon trading Thursday, putting them on track for the lowest close since April 2020. The digital sports entertainment and gaming company’s stock is now below the 2 1/2-week low close of $17.38 on March 8, which followed a 26.6% tumbled amid a six-day losing streak. It […]
The U.S. Treasury Department plans to announce new actions on Friday that aim to prevent North Korea from accessing foreign items and technology that enable it to advance its prohibited weapons programs, a senior Biden administration told reporters on Thursday. The official said the actions come after the U.S. government concluded that North Korean ballistic […]
JPMorgan Chase & Co. JPM, -1.18% said Thursday it is actively unwinding its Russian business and it has not been pursuing any new business there, in compliance with directives by governments around the world. “Current activities are limited, including helping global clients address and close out pre-existing obligations; managing their Russian-related risk; acting as a […]
Shares of Blink Charging Co. BLNK, -1.26% fell more than 7% in the late session Thursday after the EV-charging provider reported a fourth-quarter loss that was wider than Wall Street expected, but sales came in above estimates. Blink said it lost $19 million, or 45 cents a share, in the quarter, compared with a loss […]
U.S. Treasury Secretary Janet Yellen on Thursday said officials “will continue to consider and discuss further sanctions that will really deprive Russia of the resources that they need to conduct war.” Speaking during a CNBC interview about the Western response to Russia’s invasion of Ukraine, she said: “We have put in place and could expand […]
Oil futures declined for a second straight session on Thursday, with prices giving up earlier gains in volatile trading against a backdrop of changing headlines on the Russia-Ukraine war. West Texas Intermediate crude for April delivery CLJ22, -2.28% fell $2.68, or 2.5%, to settle at $106.02 a barrel on the New York Mercantile Exchange, after […]
The Dow Jones Transportation Average DJT, +0.73% is rallying Thursday, even as most of its components are falling, as the economically sensitive index is defying the selloff in the broader stock market. The index is up 0.5% in afternoon trading with 9 of 20 components rising, while its sister index, the Dow Jones Industrial Average […]
The Transportation Security Administration is extending the mask mandate on planes and other public transportation until April 18, reports said Thursday. NBC News, citing a White House official, said the Centers for Disease Control and Prevention will work with government agencies to help inform a revised policy lifting the mask rules. The mask requirement was […]
Goldman Sachs Group Inc. GS, -1.16% said Thursday it plans to wind down its business in Russia “in compliance with regulatory and licensing requirements,” according to an email to MarketWatch and other news organizations. The bank said it’s supporting its clients across the globe “in managing or closing out pre-existing obligations in the market and […]
The European Central Bank, calling Russia’s invasion of Ukraine a “watershed for Europe,” on Thursday said it would adjust its Asset Purchase Program, or APP, in the months ahead to take into account “the uncertain environment.” The ECB said its Governing Council also expressed support for the Ukrainian people. The central bank will end its […]