Category: Market News

Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch

Wild moves continued for Russian companies with secondary listings on the London Stock Exchange, though the moves weren’t entirely negative. Conglomerate Sistema SSA, +82.02% jumped 88% and Sberbank SBER, -7.38% rose 19%, while Lukoil LKOD, -53.41% dropped 27% and Norilsk Nickel MNOD, -45.38% fell 18%. The Central Bank of Russia said it will keep the […]

U.S. stock closed mostly lower Monday as investors weighed the latest sanctions against Russia after it attacked Ukraine and Russian President Vladimir Putin raised its nuclear alert level. The S&P 500 SPX, -0.24% ended about 0.3% lower, while the Dow Jones Industrial Average DJIA, -0.49% fell 0.5% and the Nasdaq Composite COMP, +0.41% gained 0.4%, […]

Albertsons Cos. Inc. ACI, -1.92% said late Monday its board is looking at “potential strategic alternatives aimed at enhancing Albertsons’ growth and maximizing shareholder value,” including what the company described as “potential strategic or financial transactions” as well as “responding to inquiries.” The grocery chain has hired Goldman Sachs and Credit Suisse to serve as […]

Shares of GoodRx Holdings Inc. GDRX, +4.22% fell more than 30% in the extended session Monday after the health care company reported adjusted quarterly earnings below Wall Street expectations and sales also disappointed. The company said it lost $39.9 million, or 10 cents a share, in the fourth quarter, compared with a loss of $298.3 […]

Shares of Vroom Inc. VRM, -1.94% fell more than 5% in the extended session Monday after the online used-car retailer reported mixed fourth-quarter results, posting a wider-than-expected loss and sales that were above expectations, and called for lower-than-expected sales in the current quarter. Vroom said it lost $130 million, or 95 cents a share, in […]

Shares of Canoo Inc. GOEV, -0.17% fell more than 7% in the extended session Monday after the electric-vehicle startup reported a wider-than-expected quarterly loss. Canoo said it lost $138.1 million, or 60 cents a share, in the fourth quarter, compared with a loss of $9.2 million, or 6 cents a share, in the year-ago quarter. […]

Oil futures finished at a more than seven-year high on Monday, with U.S. prices ending higher for a third straight month, on the back of tougher global sanctions on Russia in retaliation for its invasion of Ukraine. “Traders are reacting more to the risk of a disruption than an actual disruption” to oil supplies, said […]

Gold futures climbed on Monday, buoyed by Russia’s ongoing invasion of Ukraine, with prices for the metal ending higher for the month. “If there is no de-escalation between the West and Russia, there will be a surge of physical investment demand into precious metals as a rush into precious safe havens explodes,” said Peter Spina, […]

Trade in several Russia-related stocks on the New York Stock Exchange and Nasdaq was halted Monday. Alerts from the NYSE said activity in American depositary shares of steelmaker Mechel PAO MTL, -2.17%, telecom operator Mobile TeleSystems MBT, -8.64% and Russian online real-estate listings company Cian PLC CIAN, +2.72% were halted due to “regulatory concern.” Shares […]