Stocks decline, oil rises, jobs report: LIVE UPDATES
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U.S. stocks
The hashtag #BoycottCocaCola is trending on Twitter as people call for the company to stop selling its products in Russia.
LVMH owns Dom Perignon, Louis Vuitton, Bulgari, and dozens of other high-end brands.
U.S. stocks
| Symbol | Price | Change | %Change |
|---|---|---|---|
| MSFT | $295.92 | -4.27 | -1.42% |
Microsoft is suspending all new product and service sales in Russia as the country's invasion of Ukraine continues, the company announced Friday.
The tech giant is also "stopping many aspects of our business in Russia" in compliance with sanctions from the United States, European Union and United Kingdom."
Associated Press/Apple CEO Tim Cook
| Symbol | Price | Change | %Change |
|---|---|---|---|
| AAPL | $166.23 | -0.33 | -0.20% |
Apple CEO Tim Cook's $98.7 million pay package, which includes cash and stock options, was approved by shareholders.
The stock has advanced nearly 40% over the past 52-weeks.
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The U.S. economy added a whopping 678,000 jobs in February.
Gas Prices This Week
This week gas prices climbed 11 cents, thru Friday, in tandem with oil impacted by the Russia-Ukraine crisis. The national average now stands at $3.84 per AAA.
| Symbol | Price | Change | %Change |
|---|---|---|---|
| I:DJI | $33,376.85 | -417.81 | -1.24% |
| SP500 | $4,308.25 | -55.24 | -1.27% |
| I:COMP | $13,356.85 | -181.09 | -1.34% |
| XLF | $37.02 | -0.95 | -2.51% |
| XLE | $73.89 | +0.73 | +1.00% |
U.S. stocks tumbled Friday with 10 of the S&P's 11 sectors in the red. Financials led the selling, while energy rallied in tandem with oil which crossed $113 per barrel mid-morning.
Nonfarm Payrolls: 678,000 additions
Unemployment Rate: Ticks Down to 3.8%
Manufacturing additions: 36,000
Average Earnings Y/Y +5.1%
Labor Participation Rate: 62.3%
December/January Revised Higher
Investors await the monthly jobs report for the latest check on the U.S. economy.
Russia's invasion of Ukraine is threating food supply which is why prices for soft commodities, including wheat and corn, are jumping as stocks fall.
Traders on the NYSE floor (AP Photo/Richard Drew))
U.S. equity futures traded lower Friday morning as the invasion of Ukraine by Russian forces intensified. Oil prices remained elevated early Friday. Continue reading
Illustration of bitcoins (REUTERS/Benoit Tessier/Illustration/File Photo)
Bitcoin gave back some of this week's gains following a strong run.
Overall, bitcoin is down more than 9% year-to-date. Continue reading
Oil pipeline (REUTERS/Richard Carson)
Oil prices rose as the Russia's invasion of Ukraine escalated, causing a Ukrainian nuclear power plant, Europe's largest, to catch fire after an attack from Russian troops.
Oil prices are set to post their strongest weekly gains since the middle of 2020. Continue reading
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