Oil prices surge spook markets global stock rout
Wall Street endured its largest drop in 16 months as oil vaulted toward 130 a barrel on potential US Russia import bans. The S&P 500 fell 122.78 points, the Dow dropped 797.42, and the Nasdaq slid 482.48 amid rising gold prices and yields. Brent and US crude surged while Russia invasion fears and inflation pressures push central banks toward rate hikes. Bed Bath & Beyond jumped after Ryan Cohen stake news, with Cohen advocating potential sale of Buy Buy Baby and other assets.
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Chevy
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News of Cohen
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New Jersey
Buy Buy Baby
Public transit funding boost and EPA truck rules push
Washington round up details federal aid of 2.2 billion from the American Rescue Plan to 35 transit agencies in 18 states to fund operations and prep for electric buses, plus 1.5 billion in grants for low emission buses. EPA proposes tougher truck emissions limits by 2031, starting 2027, with broader greenhouse gas rules by 2030.
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the Market IN Review
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Englobal
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Cooper Ltd
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NokiaCp
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BcoBrad
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BkofAm
Nvidia $S
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