• News
    • Stocks
    • Banks and Finance
    • Companies
    • Crypto
    • Forex
  • Videos
  • Articles
    • Forex CRM
    • Crypto Payments
    • Trading
    • Crypto Exchange Business
    • Forex Business
    • Fintech
    • Liquidity
    • FinTech Awards
  • Liquidity Providers List
  • Crypto Payment Providers

Dark Theme

Stock Market News Live Updates: Stock Futures Open Lower To Extend Earlier Declines

March 08, 2022

Stock Market News Live Updates: Stock Futures Open Lower To Extend Earlier Declines

After another turbulent day on Wall Street, financial stocks began lower Tuesday evening.

Concerns about the effect of sanctions imposed by governments and corporations on Russia have impacted US equities markets. The S&P 500 fell 0.7% on Tuesday, bringing its year-to-date losses to 12.5%. The Dow dropped more than 0.5%, deepening its slump, while the Nasdaq Composite extended losses after entering a bear market earlier this week.

President Joe Biden's a official statement that the United States will restrict Russian purchases of crude oil and other energy items verified earlier this week's suspicions, sending oil prices up to near 14-year highs. West Texas Intermediate oil was trading well over $120 per barrel, while Brent crude was trading around $130 per barrel. Gas prices at the pump have also reached a new high in the United States.

"You cannot have a spike in gasoline prices without it impacting the economic pockets of regular Americans, because it will increase the cost of everything," Victoria Greene, founding partner of G-Squared Private Wealth, commented. "Anything that has four or six wheels, including all of your shipment, will increase your expenditures. We're already in an inflationary atmosphere... it's something we'll have to keep an eye on."

"I don't believe sanctions are going away anytime soon," she continued. "The whole world is... enraged by this catastrophe. So, even if we somehow reach a cease-fire tomorrow, I believe the overall shrinkage and supply chain concerns will be a problem for the remainder of the year."

Aside from the expanding list of government-imposed sanctions on Russia, a slew of big U.S. corporations revealed new plans to cease doing business in Russia for the near term. McDonald's, Starbucks, Coca-Cola, and PepsiCo have announced plans to shut part or all of their businesses in Russia. Amazon Web Services declared that it would no longer accept new sign-ups from Russia and Belarus, and Shopify announced that it would also cease business in the nations.

Given the continuous geopolitical instability and efforts to isolate Russia from the global economy, some analysts believe investors should prepare themselves for further market volatility.

"I'm not sure we've reached rock bottom yet. And I'd want to be more optimistic, but the reason I say this is because we're still seeing shocks claw their way through the system when it comes to oil and other commodities," Wheelhouse's chief investment officer, Ann Berry, said.

"We're not done with oil and gas yet," she continued. "The United Kingdom and Europe have stated that they will begin weaning themselves off Russian exports by the end of this year - but this is not quick enough. And if the situation in Ukraine does not improve, I believe there is a scenario here where Europe will be compelled to take harder moves quicker, which would send oil prices only one way, up from where they are today."

Subscribe Our Newsletter

Merely Average Stocks Beat the Market. Here’s Why
Merely Average Stocks Beat the Market. Here’s Why

Average is a colloquial term. We employ it without even realizing it: Average housing prices and temperatures or e.t.c. Almost everyone's day is influenced by average.

Stocks
Facebook Whistleblower To Testify In Hearing Targeting Big Tech’s Legal Immunity
Facebook Whistleblower To Testify In Hearing Targeting Big Tech’s Legal Immunity

Facebook (FB) whistleblower Frances Haugen is urging legislators once more to hold her former company accountable ahead of her hearing before the House Commerce Committee on Wednesday.

Companies
Liquidity Provider

What is the Difference Between Centralized and Decentralized Exchange?
The crypto market expands its borders, undergoing the transformation into a giant ecosystem. With the explosive growth in demand towards crypto-related services, the number of trading platforms is mushrooming.

discover
The Pros and Cons of Accepting Cryptocurrency as Payment

Oliver

The Pros and Cons of Accepting Cryptocurrency as Payment

Digital currencies entered the world of business and finance only in the late 2000s. As a decentralized currency and payment option, Bitcoin allowed individuals to transfer money without going through intermediaries. The underlying technology that supports Bitcoin, known as a blockchain, has been considered one of the most significant innovations of recent years.

Crypto Payments

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries b2broker

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Alexander

    Full Bitcoin Price History: From 2009 to 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-11-300x203.png

    Constantine

    Top 5 Most Reliable KYC Technology Providers

    https://liquidity-provider.com/app/uploads/2023/01/cover-10-300x203.png

    Alexander

    The Best Crypto Wallets of 2022: Top 5 Picks

    https://liquidity-provider.com/app/uploads/2023/01/cover-2-300x203.png

    Alexander

    Top 5 Most Reliable Forex Brokers of 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-1-300x203.png

    Constantine

    5 Top-Tier Breakthrough Trading, Crypto and Fintech Industries Software Solutions in 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-300x203.png

    Constantine

    5 Most Successful FinTech Industry Startups in 2022

    https://liquidity-provider.com/app/uploads/2022/12/cover-300x203.png

    Constantine

    Top 7 Liquidity Providers of 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-3-300x203.png

    Alexander

    Top 5 Crypto Exchanges of 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-1-300x203.png

    Constantine

    Top 5 Most Distinguished White Label Solutions in 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-2-300x203.png

    Constantine

    What is Crypto Leverage Trading And How Does It Work?

    https://liquidity-provider.com/app/uploads/2022/12/oblozhka-5-300x203.png

    Constantine

    Top 5 Most Prospective Tokens in the Metaverse.

    https://liquidity-provider.com/app/uploads/2022/12/cover-7-300x203.png

    Constantine

    How to Mine Bitcoins? – Beginners Guide

    https://liquidity-provider.com/app/uploads/2022/11/cover-5-300x203.png

    Oliver

    Blockchain for Business. Pros & Cons

    https://liquidity-provider.com/app/uploads/2022/11/oblozhka-1-300x203.png

    Constantine

    The Future of Stablecoins and Central Bank Digital Currencies (CBDCs)

    https://liquidity-provider.com/app/uploads/2022/11/cover-3-300x203.png

    Alexander

    What is Web 3.0 and Why Does it Matter?

    https://liquidity-provider.com/app/uploads/2022/11/cover-1-300x203.png

    Constantine

    5 Benefits of Accepting Crypto Payments for Your Business

    https://liquidity-provider.com/app/uploads/2022/11/cover-300x203.png

    Constantine

    Hot Wallet vs Cold Wallet: Which Do I Need More for Crypto?

    https://liquidity-provider.com/app/uploads/2022/11/oblozhka-5-300x203.png

    Alexander

    What is Hedging and How Does it Work in Trading? — Ultimate Guide

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-4-300x203.png

    Oliver

    Pre-execution vs Post-execution: What’s the Difference?

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-1-300x203.png

    Constantine

    What is Slippage in Trading? – Definition

    https://liquidity-provider.com/app/uploads/2022/10/shapka-1-1-300x203.png

    Oliver

    How Forex Brokers Make Money? – A-Book vs. B-Book Model

    https://liquidity-provider.com/app/uploads/2022/10/shapka-2-300x203.png

    Oliver

    What is the Ethereum Merge, And How Will it Change Ethereum?

    https://liquidity-provider.com/app/uploads/2022/10/shapka-1-300x203.png

    Alexander

    How to Spot Cryptocurrency Scams

    https://liquidity-provider.com/app/uploads/2022/10/shapka-300x203.png

    Milena

    Exploring the Metaverse: What Does It Mean for the Future of the Internet?

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-300x203.png
    • News
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
    • Articles
      • Forex CRM
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
    [email protected]

    © 2023 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy