U.S. Stocks Mixed After Putin Claims Progress in Ukraine Talks

US stocks wobbled Friday and oil prices advanced, extending a volatile stretch for markets as investors assessed developments from the war in Ukraine. The blue-chip Dow Jones Industrial Average rose 97 points, or 0.3%, in afternoon trading. The S&P 500 was down about 0.2%, while the Nasdaq Composite fell about 1%. Stock futures had turned … Read more

Shell, BP to Withdraw From Russian Oil, Gas

European oil giants Shell SHEL 3.05% PLC and BP BP 5.68% PLC said they were stepping back further from doing business with Russia, with Shell saying it will immediately halt all spot purchase of crude from the country and will phase out its other trading and business dealings. A spokesman for BP said it won’t … Read more

February Hiring Strongest Since Summer; Unemployment Falls to Pandemic Low

The US economy posted the strongest job growth in seven months in February and the unemployment rate fell to the lowest level since the pandemic, signs of a strong labor market ahead of a pivotal Federal Reserve meeting. Employers added a seasonally adjusted 678,000 workers to their payrolls last month, the strongest gain since last … Read more