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Stocks slammed, oil dips, Twitter gains in Musk waiting game: LIVE UPDATES

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Putin is bombing Ukraine in ‘barbaric, chaotic’ way: Former Ukrainian infrastructure minister

Former Ukrainian Infrastructure Minister Volodymyr Omelyan provides insight into the Russia-Ukraine war.

Posted by FOX Business Team

Rep. Nancy Mace puts forth penny plan to tackle massive government spending

Rep. Nancy Mace, R-S.C. argues the federal government was receiving 'record tax revenues' during the COVID pandemic.

Posted by FOX Business Team
Developing Story

Dow leads stock selling

SymbolPriceChange%Change
VZ$55.01+0.60+1.10%
NKE$135.46-0.41-0.30%
CAT$232.57-2.51-1.07%
DOW$69.72+0.21+0.30%

29 of the 30 Dow members fell with the led by Verizon, Nike and Caterpillar. Dow, the chemical giant, was the exception. 

Posted by FOX Business Team

Twitter bucks Wall Street selling

Twitter Inc.
$
49.31

Shares of Twitter moved higher as the broader averages sank.

Posted by FOX Business Team

Posted by FOX Business Team

Bond yields tick higher

SymbolPriceChange%Change
TBT$24.36+0.37+1.54%

The 10-Year Treasury yield sat at 2.92% - the highest since 2018. Federal Reserve Chairman Jerome Powell signaled a 50 basis point rate hike is on the table during remarks Thursday.

Posted by FOX Business Team

Futures at a glance

U.S. equity futures fell Friday in premarket trading on concerns that interest rates will increase faster than expected.

Meanwhile, oil prices declined Friday morning following a week filled with concerns about interest rate hikes, global growth and COVID-19 lockdowns in China putting a dent in demand.

Brent crude futures traded at $107 a barrel while West Texas Intermediate futures traded around $102.50 per barrel.

Posted by FOX Business Team

Stock futures fall after Powell's interest rate comments

U.S. equity futures fell ahead of the final trading day of the week, on concerns that interest rates will increase faster than expected. Continue reading

Posted by Ken Martin

Oil heads for weekly decline of around 4%

Oil prices declined Friday morning following a week filled with concerns about interest rate hikes, global growth and COVID-19 lockdowns in China putting a dent in demand. Continue reading

Posted by Ken Martin

Bitcoin trades around $40,000 after winning streak snapped

Bitcoin investors are looking toward the cryptocurrency's next winning streak, after a three-day gain was snapped on Thursday. Bitcoin is down more than 11% this month and off more than 12% year-to-date. Continue reading

Posted by Ken Martin

Gasoline holds steady

The average price for a gallon of gasoline in the U.S. was unchanged on Friday at $4.12, according to the latest numbers from AAA. That was also the price on Thursday. The record high was $4.33, set on Friday March 11, 2022. 

Posted by Ken Martin

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