Today's Top Headlines in the Stock Market

 

Russia intensifies its attacks on Ukraine.

Russia steps up attacks on Ukraine’s biggest cities and gets closer to the capital cave Ukrainian president zielenski speaks to U.S president Joebiden asking to stop the aggressor they also have signed the membership application meanwhile an Indian student is killed in kharkiv even as the government plans 26 more flights to evacuate indian citizens.

Oil prices in the United States have reached a seven-year high.

Oil prices searched the highest level since June 2014. this after Russia gets closer to the Ukrainian capital Kiev, members of the international energy agency which includes the us and Japan agreed to release 60 million barrels of fruit from their reserves to contain the soaring prices Brent now trades above the hundred and seven dollars a barrel mark.

LIC IPO has been postponed.

The initial public offering from lic could be delayed as markets turn volatile due to the Ukraine war sources say the government is likely to recess its plan this week.

Auto Sales in February are a mixed bag.

It’s a mixed bag for auto sales for the month of february maruti suzuki ashok leyland tata motors and Eminem report good sales numbers for the month while hero motor corp and escorts see a fall in sales.

Wall Street is in free fall, while Asia is sipping.

Wall street slides as Russian Ukraine crisis intensifies the dow jones sees cuts of over 500 points while the tech heavy nasdaq slips almost 2 percent, vqs from Asia in early trade the sgx nifty indicates a weak start for our own market.

 

The global markets first up the Asian markets and it's all read across the board of course reflecting the weak handover that we did get from wall street, so you have some of the markets up for you the nikkei is down over 470 points so that one looking extremely weak hand sang up on your screen seeing cuts of around 130 points and across the board for the Asian markets we are seeing red barring just the cosby which is absolutely at the flat line so you're seeing cuts come through everywhere else the dow futures by the way have now moved into the green and it's around 120 points higher on the dow futures after that big sell-off that we saw on wallstreet.

What happened on in the us markets on tuesday we ended the trading session lower so the dow jones lost almost 600 points the s p 500 was down around 70 and the nasdaq also fell almost two percent to 20 points at the close of the trading session.