Stocks open mostly lower as Russia-Ukraine war drives volatile trade in oil

34239 stocks open mostly lower as russia ukraine war drives volatile trade in oil

Stocks opened lower as investors continued to monitor developments around Russia’s invasion of Ukraine, tracking volatile action in crude-oil prices. The Dow Jones Industrial Average DJIA, -0.76% fell 132 points, or 0.4%, to 33,483, while the S&P 500 SPX, -1.05% fell 0.2% to 4,321 and the Nasdaq Composite COMP, -1.07% rose 0.3% to 13,349. Stock-index futures had fallen sharply in early activity as oil futures spiked, taking the U.S. benchmark briefly above $130 a barrel. Oil futures have since pulled back, with WTI futures CL.1, +0.67% up 0.7% at $116.55 a barrel, with losses for stocks moderating.

Source: Marketwatch

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