Business

5 Things to Know Before the Stock Market Opens on Thursday, April 7th

Here are the most important news, trends and analysis that investors need to start their trading day:

1. Wall Street looks resilient after two days of Fed selling

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, March 29, 2022.

Brendan McDermid | Reuters

2. Key Treasury yield spread remains inverted following the release of jobless claims data.

3. Warren Buffett’s Berkshire Hathaway announces large stake in HP

Warren Buffett at the Berkshire Hathaway Annual Meeting in Los Angeles, California. May 1, 2021

Gerard Miller | CNBC

4. Shell announces up to $5 billion in asset writedowns after leaving Russia

Royal Dutch Shell products in Torzhok, Russia.

Andrey Rudakov | Bloomberg | Getty Images

5. Ukraine asks NATO for more weapons as Russia regroups for advance east

A funeral worker examines the bodies of civilians collected from the streets at a local cemetery during the ongoing Russian attack on Ukraine, in the town of Bucha near Kiev, Ukraine, April 6, 2022.

Stringer | Reuters

Ukraine on Thursday turned to NATO for additional weapons in their fight against Russia to help prevent further atrocities like those reported in Bucha, near Kyiv. Western countries have provided Ukraine with man-portable anti-tank and anti-aircraft weapons, but they are reluctant to supply aircraft, tanks or any other equipment that requires training to use.

  • Russian troops that failed to quickly take the Ukrainian capital are regrouping for an offensive in eastern Ukraine, where Moscow recognized the Luhansk and Donetsk regions as independent states at the beginning of its invasion.

CNN correspondents. Yoon Lee, Jeff Cox, Samantha Subin, Hanna Miao, Jessie Pound, Elliot Smith as well as Silvia Amaro and the Associated Press contributed to this report.

Login Now for CNBC Investing Club to follow every move in Jim Cramer’s stock. Follow the wider market action like a pro on CNNBC Pro.


Source link

Leave a Reply

Your email address will not be published.

Back to top button