U.S. stocks rose Tuesday as investors look ahead to data on job openings or JOLTS while also monitoring the situation in Ukraine.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
I:DJI | DOW JONES AVERAGES | 34955.89 | +94.65 | +0.27% |
SP500 | S&P 500 | 4575.52 | +32.46 | +0.71% |
I:COMP | NASDAQ COMPOSITE INDEX | 14354.901872 | +185.60 | +1.31% |
RUSSIA INVADES UKRAINE: LIVE UPDATES
The S&P 500 is just a few points shy of exiting the correction it entered in February.
ECONOMIST WARNS US FACING ‘VERY SIGNIFICANT SLOWDOWN’
Ukrainian forces claimed to have retaken a Kyiv suburb and an eastern town from the Russians in what is becoming a back-and-forth stalemate on the ground, while negotiators began assembling in Turkey for another round of talks Tuesday aimed at stopping the fighting.
In stocks, United Health will purchase Optum, part of LHC and an in-home health care services company, for $170 per share in a deal valued at $5.4 billion.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
UNH | UNITEDHEALTH GROUP INC. | 513.20 | +0.17 | +0.03% |
LHCG | LHC GROUP INC. | 157.23 | +4.02 | +2.62% |
In other deal news, Nielsen Holdings will be acquired in an all-cash deal valued at $16 billion, including debt, by private equity firms Brookfield Asset Management and Elliott Management Corp.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
NLSN | NIELSEN HOLDINGS PLC | 22.21 | -0.07 | -0.31% |
TESLA JUICES CONSUMER DISCRETIONARY ETFS ON STOCK SPLIT PLAN
FedEx Corp shares in focus after CEO Fred Smith announced he will move to an Executive Chair role in June. Raj Subramaniam will be replacing Smith as CEO and President effective June 1, the package-delivery giant announced Monday.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
FDX | FEDEX CORP. | 230.05 | +3.49 | +1.54% |
The latest retreat in oil prices followed the news of China’s most extensive coronavirus lockdown in two years to control a growing outbreak in Shanghai. That could put a dent in global demand for energy.
OIL PRICES SLIDE AMID SHANGHAI TWO-STAGE LOCKDOWN
Oil prices remain volatile amid the backdrop of Russia’s invasion of Ukraine. The United Arab Emirates’ energy minister doubled down Monday on an oil alliance with Russia, saying that nation, with its 10 million barrels of oil a day, is an important member of the global OPEC+ energy alliance.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
USO | UNITED STATES OIL FUND L.P. | 74.53 | -6.21 | -7.69% |
BNO | UNITED STS BRENT OIL FD LP UNIT | 30.39 | -2.76 | -8.33% |
Investors will get more updates this week on just how much inflation is hurting consumers and businesses. The Conference Board will release its consumer confidence index for March on Tuesday. The Commerce Department will release its February report for personal income and spending on Thursday and the Labor Department will release its employment report for March on Friday.
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The Associated Press contributed to this report.