Shares rise again, Nike jumps, oil $ 109

US stocks Stable trade in commodity prices and new corporate revenues helped to balance the uncertainty of the Russia-Ukraine conflict.

Ticker Security Last Change Change%
I: DJI Dow Jones Average 34552.99 -201.94 -0.58%
SP500 S&P 500 4461.18 -1.94 -0.04%
I: COMP Nasdaq Joint Code 13838.460187 -55.38 -0.40%

Russia invades Ukraine: direct announcements

The rebound comes as Treasury yields have risen to 2.3% since May 2019, after Federal Reserve Chairman Jerome Powell signaled on Monday that more aggressive rate hikes may be needed to combat inflation. He commented at the National Business Economic Association.

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Oil was at $ 110 a share, while Brent was up $ 115 worldwide. Oil prices are up 45% this year, and wheat and corn prices are up.

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Ticker Security Last Change Change%
Use United States Oil Fund LP 79.52 +4.84 + 6.48%
NOB United STS BRENT OIL FD LP Unit 32.16 +2.38 + 8.01%

(AP Photo / Richard Drew)

Among stocks, Nike shares rose after profit and sales surpassed Wall Street ratings. In addition, the clothing company reaffirmed its commitment to Food Locker, which derives huge revenue from its products.

Ticker Security Last Change Change%
OF NIKE INC. 130.08 -1.13 -0.86%
FL Food Locker INC. 31.01 -1.32 -4.08%

Saudi Arabia says it will not be blamed for oil shortages after facilities damaged by Houthi rebels

Shares of Alibaba soared after China announced plans to repurchase $ 25 billion worth of Amazon shares, the biggest ever.

Ticker Security Last Change Change%
Baba Alibaba Group Holding Limited. 103.58 -4.69 -4.33%

Tesla Berlin is here!

Tesla is focusing on CEO Elon Musk preparing to open Germany’s Gigi factory in Berlin with German Chancellor Olaf Scholes. According to Danbush, a Wetbush Securities analyst, the move is a huge success for investors.

“We can not underestimate the importance of Giga Berlin’s production to the overall success of Tesla’s footprint in Europe and globally,” Ives said in a research note to customers.

Moderna is announcing new development plans to expand the use of its Covit-19 vaccine to treat virus-related conditions.

Ticker Security Last Change Change%
MRNA Moderna INC. 175.38 -3.55 -1.98%

In cryptocurrencies, Bitcoin traded above $ 42,000.

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