Wall Avenue as we speak: US shares slip as buyers rush to safe-haven belongings on escalating Russia-Ukraine tensions

Must read

Abhishek Mukherjee
Abhishek Mukherjeehttps://www.hospitalitycareerprofile.com/
Abhishek Mukherjee is a seasoned market analyst with a deep understanding of financial trends and economic shifts. With years of experience in the field, Abhishek brings insightful analysis and up-to-date market news to help readers stay informed. His expertise spans stock markets, financial forecasts, and economic policy changes, making him a trusted voice in the industry.
- Advertisement -

US inventory indices slipped on Tuesday, as buyers rush to safe-haven belongings on escalating tensions between Russia and Ukraine.

On the opening bell, the Dow Jones Industrial Common fell 146.3 factors, or 0.34%, to 43,243.27. The S&P 500 fell 23.6 factors, or 0.40%, to five,870.05, whereas the Nasdaq Composite dropped 92.1 factors, or 0.49%, to 18,699.705. 

- Advertisement -

Gold costs climbed for a second straight session on Tuesday because the US greenback pulled again from current highs.

Spot gold rose 1 per cent to $2,637.10 per ounce by 1308 GMT. US gold futures added 1 per cent to $2,641.10.

Spot silver added 0.7 per cent to $31.38 per ounce. 

- Advertisement -

Oil costs slipped on Tuesday pressured by the restart of manufacturing at Norway’s Johan Sverdrup oilfield.

Equinor has resumed partial manufacturing from the oilfield, Western Europe’s largest, following an influence outage.

Brent crude futures have been down 29 cents, or 0.4 per cent, to $73.01 a barrel by 1240 GMT, whereas US West Texas Intermediate crude futures slipped by 34 cents, or 0.5 per cent, to $68.82. 

- Advertisement -
- Advertisement -

More articles

Latest article

spot_imgspot_imgspot_imgspot_img