U.S. markets closed

  • S&P 500

    4,228.48
    -55.26 (-1.29%)
     

  • Dow 30

    33,706.74
    -292.30 (-0.86%)
     

  • Nasdaq

    12,705.21
    -260.13 (-2.01%)
     

  • Russell 2000

    1,957.35
    -43.38 (-2.17%)
     

  • Crude Oil

    90.02
    -0.48 (-0.53%)
     

  • Gold

    1,761.10
    -10.10 (-0.57%)
     

  • Silver

    18.97
    -0.49 (-2.54%)
     

  • EUR/USD

    1.0042
    -0.0050 (-0.49%)
     

  • 10-Yr Bond

    2.9890
    +0.1090 (+3.78%)
     

  • GBP/USD

    1.1826
    -0.0106 (-0.89%)
     

  • USD/JPY

    136.8870
    +1.0250 (+0.75%)
     

  • BTC-USD

    21,291.91
    -2,135.55 (-9.12%)
     

  • CMC Crypto 200

    504.69
    -36.91 (-6.82%)
     

  • FTSE 100

    7,550.37
    +8.52 (+0.11%)
     

  • Nikkei 225

    28,930.33
    -11.77 (-0.04%)
     

A full European ban on Russian oil is coming

Samanth Subramanian
·2 min read
A full European ban on Russian oil is coming
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • CL=F

After weeks of reluctance, Germany now backs a European Union plan to impose a gradual embargo on Russian oil imports.

Continue reading

Recommended Stories

  • Liz Cheney Leaks Audio Contradicting Trump-Backed Rival’s Accusations

    Harriet Hageman says the Wyoming representative didn't actually concede after losing on Election Night, but Cheney has the receipts

  • Why GigaCloud Stock Soared Higher on Friday

    The stock rose as much as 272% but is up about 175% as of 1:25 p.m. ET. The tech stock's gain came on the day of its initial public offering (IPO). Given the way the stock is soaring, the market apparently thinks the IPO was underpriced.

  • Retail traders angry at meme lord Ryan Cohen for dumping BBBY stock

    Yahoo Finance Live’s Brian Cheung and Brian Sozzi discuss why retail traders are angry at activist investor Ryan Cohen for selling his remaining stake in BBBY stock.

  • Warren Buffett is Buying the Dip on These 5 Stocks

    In this article, we discuss the 5 stocks that Warren Buffett is buying on the dip. If you want to see more stocks in this selection, click Warren Buffett is Buying the Dip on These 3 Stocks. Berkshire Hathaway’s Warren Buffett went on a buying spree despite the turmoil in the global equity markets. In […]

  • Why StoneCo Stock Fell Hard Today

    Shares of StoneCo (NASDAQ: STNE), a cloud-based technology platform, plummeted Friday morning after the company reported its second-quarter results, which disappointed investors, and announced yet another shift to its management team. The company reported non-GAAP (adjusted) earnings of 0.25 Brazilian reals (equivalent to $0.05), which was an increase from a loss of 0.48 reals in the year-ago quarter, but was below Wall Street's consensus estimate of about 0.57 reals, or $0.11 per share. StoneCo's revenue in the quarter was 2.3 billion reals (about $442 million), 5% higher than the company's guidance, and up 275% from the year-ago quarter.

  • US Mortgage Lenders Are Starting to Go Broke

    (Bloomberg) -- The US mortgage industry is seeing its first lenders go out of business after a sudden spike in lending rates, and the wave of failures that’s coming could be the worst since the housing bubble burst about 15 years ago. Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesStocks Slide as Short-Sellers Cash In on Fedspeak: Markets WrapCovid’s

  • This investor made $110 million from trading Bed Bath & Beyond — and he’s a 20-year-old student

    A 20-year-old USC student has made a $110 million profit from trading meme stock favorite Bed Bath & Beyond, following a frenzy in Wednesday’s trading session.

  • Want to Get Richer? 2 Best Stocks to Buy Now and Hold Forever

    For investors looking to maximize their wealth by the time they retire, the following pair of beaten-down businesses that possess strong growth capabilities are a worthwhile place to start. Freelance marketplace operator Fiverr (NYSE: FVRR) was a pandemic-lockdown superstar. Although Fiverr's stock price is down 65% in 2022 and off 82% from its all-time high, the freelance shop is still growing, albeit at a slower rate as SMBs became more cautious due to rampant inflation and rising energy costs and interest rates.

  • Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

    The past few weeks have been refreshing for Cathie Wood and fans of her style of growth stock investing. The CEO and co-founder of Ark Invest publishes the buys and sells of her firm's exchange-traded funds (ETFs) every market day, giving the public insight into her latest allocation strategies.

  • How a 20-year-old USC student netted $110m from a Bed Bath & Beyond stock dump at exactly the right time

    Jake Freeman cashed out his 6% stake in the meme stock after it exploded on Tuesday.

  • GM stock is about to dust Tesla stock, analyst says

    Back up the EV on shares of General Motors, says this one analyst.

  • Here's Why Ford Motor Company (F) is a Strong Value Stock

    Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

  • 12 Best Materials Stocks to Buy Now

    In this article, we will look at the 12 best materials stocks to buy now. If you want to explore similar stocks, you can also take a look at 5 Best Materials Stocks to Buy Now. Inflation, rising interest rates, and supply chain difficulties are the usual suspects that have an impact on the performance […]

  • Cohen Makes Millions on Bed Bath & Beyond as Meme Traders Recoil

    (Bloomberg) -- Billionaire Ryan Cohen pocketed a $68.1 million profit from the sale of his stake in Bed Bath & Beyond Inc., scoring a 56% gain on an investment he held for roughly seven months.Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesStocks Slide as Short-Sellers Cash In on Fedspeak: Markets WrapCovid’s Harmful Effects on the Brain Reverberate

  • These Semiconductor Stocks Are Likely To Benefit Most From CHIPS Act Aid

    When President Joe Biden signed the CHIPS Act of 2022 into law on Aug. 9, it provided some good news for a number of chip stocks.

  • Airlines: 'Supply chain is a problem' for Boeing and Airbus, analyst says

    Melius Research Director of Airlines & Travel Research Conor Cunningham joins Yahoo Finance Live to discuss summer travel disruptions, airline operations and profitability, and the outlook for air travel.

  • Here are the signs that the bear-market rally in stocks won’t last long – Citi

    Strategists at Citi Research say the current bear-market rally is in line with the length of an average bear-market bounce, and sentiments improved as much as it typically does. These signs suggest a possible end soon.

  • Massive Short Squeeze Behind Stock Rally Showing Signs of Ending

    (Bloomberg) -- One big force at the center of the two-month equity rally is showing signs of fatigue. Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesStocks Slide as Short-Sellers Cash In on Fedspeak: Markets WrapCovid’s Harmful Effects on the Brain Reverberate Years LaterIt’s the behavior of short sellers, whose frantic efforts to unwind bearish wage

  • 10 Cathie Wood Stocks to Buy Before the Bull Run Starts

    In this article, we discuss 10 Cathie Wood stocks to buy before the bull run starts. If you want to see more stocks preferred by Cathie Wood to load up on before the bull run begins, click 5 Cathie Wood Stocks to Buy Before the Bull Run Starts. Cathie Wood, the founder and CIO of […]

  • Covid Stocks Pfizer, Moderna, Novavax Face Their Next Challenge, And It's Worth Billions

    The Biden administration is planning to stop paying for Covid vaccines and treatments, a move that could buoy some Covid stocks.