Dow Jumps More Than 300 Points [View all]
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Source: CNBC
Stock futures rose ahead of Friday’s session following a report that ceasefire talks could be gaining traction between Russia and Ukraine.
Reuters sent a brief report quoting Russian President Vladimir Putin saying that “certain positive shifts” have occurred in the talks.
The report coincided with a sharp acceleration in stock futures, with the Dow Jones Industrial Average futures up more than 300 points and the Nasdaq 100 jumping some 1.4%.
The moves came despite another day of higher energy prices as the Russia-Ukraine war showed little signs of letting up. West Texas Intermediate crude, the U.S. benchmark, rose 2.5% to $108.66 while international standard Brent crude moved 2.5% higher to $112.08.
Read more: https://www.cnbc.com/2022/03/10/stock-market-futures-open-to-close-news.html
The first sign of significant news usually comes from world financial markets.
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