Tag: Marketwatch

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 […]

U.S. stocks opened with sharp gains Wednesday, finding support as oil futures pulled back from nearly 14-year highs while investors monitor developments in the Russia-Ukraine war. The Dow Jones Industrial Average DJIA, +1.15% was up 606 points, or 1.9%, at 33,242, whiel the S&P 500 SPX, +2.57% jumped 2% to 4,254. The Nasdaq Composite COMP, […]

Shares of Chevron Corp. CVX, -2.50% dropped 2.6% in morning trading Wednesday, putting them on track to snap a long losing streak, as hopes for some easing of Russia’s military attack on Ukraine triggered a pullback in crude oil prices. Chevron’s stock was the biggest decliner, of the only 2 of 30 Dow Jones Industrial […]

The Energy Information Administration reported on Wednesday that U.S. crude inventories fell by 1.9 million barrels for the week ended March 4. On average, the EIA was expected to show crude inventories down by 700,000 barrels, according to analysts surveyed by S&P Global Commodity Insights. The American Petroleum Institute on Tuesday reported a 2.8 million-barrel […]