BELOW SUPERNAV drop zone ⇩

Investors see volatile market after Russia’s attack

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

ovp test

mLife Diagnostics LLC: Oral Fluid Drug Testing

Male shot by female at Shreveport apartment

Class to create biodiverse backyard

Rules for outbursts at Caddo School Board Meeting

maylen

https://digital-stage.newsnationnow.com/

AUTO TEST CUSTOM HTML 20241114185800

AUTO TEST CUSTOM HTML 20241115200405

AUTO TEST CUSTOM HTML 20241118165728

AUTO TEST CUSTOM HTML 20241118184948

(NewsNation Now) — Investors are dealing with an incredible amount of uncertainty resulting from Russia’s attacks on Ukraine and the fallout from rising energy prices, creating a market that’s going to be volatile for the foreseeable future.

Stock futures were down slightly on Friday morning following a stunning market reversal on Thursday, where all of the major indices closed in positive territory despite having one of the worst mornings of the year.

The Dow fell more than 800 points Thursday but still ended the day just slightly in the green. Also closing higher were the S & P as well as Nasdaq. However, the Dow is 10% off its January record-high numbers.

There was a boost after investors appeared to start buying up the most battered tech stocks, with Amazon, Netflix and Microsoft surging.

Global oil on Thursday closed at $99.35 a barrel, when it previously came close to $106. That was the first time it’s topped triple digits since 2014.

People are already seeing the effects at the gas pump.

For the U.S., the average for regular unleaded, is now $3.57, a $.05 increase from the start of the week.

European energy prices, because they are so closely tied to Russia in Ukraine, surged more than they did in the U.S. The spot price in Europe for natural gas soared more than 50%.

With energy and food prices getting higher, worries about inflation have been amplified, which in January was at the hottest level that’s it’s been in a couple of generations.

Morning In America

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

AUTO TEST CUSTOM HTML 20241119133138

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Clear

la

48°F Clear Feels like 48°
Wind
1 mph NNW
Humidity
52%
Sunrise
Sunset

Tonight

Clear to partly cloudy. Low 47F. Winds light and variable.
47°F Clear to partly cloudy. Low 47F. Winds light and variable.
Wind
2 mph N
Precip
6%
Sunset
Moon Phase
Waning Gibbous