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US gasoline, diesel, jet fuel network cyber-attack – 20% of Altlanta gas stations out of fuel

Latest reports out of the US in the wake of the shutdown of the Continental Pipeline distribution network in the eastern US.

If you have managed to miss this news, background:
  • US pipeline cyberattack – Valero Energy charter an oil products tanker for storage in the Gulf Coast
  • US government declared a state of emergency over fuel pipeline cyber-attack
  • Goldman Sachs on the Colonial Pipeline gasoline network shut down – brief disruption
  • Sunday evening US Gasoline futures jump higher after huge US east coast pipeline shutdown
  • Weekend – US fuel pipeline operator Colonial Pipeline cyberattack forced shutdown of its fuel network
Latest reports out of the US in the wake of the shutdown of the Continental Pipeline distribution network in the eastern US. 

Authorities are urging motorists not to panic-buy gasoline. But, you know what they say, just don’t be the last to panic.

Meanwhile, the company says progress is being made on restarting their system.

No winners in the major stock indices for the 2nd consecutive day

Dow leads the move down today.

For the second consecutive day, all the major indices closed lower. Today’s moves were led by the Dow 30 stocks. That index is down at the lows -667 points. It is ending the session down -472.21 points. The NASDAQ index ended marginally lower after being down as much as -2.20%.
The final numbers are showing:
  • S&P index -36.32 points or -0.87% at 4152.09. At the low the index was down -1.84%.
  • NASDAQ index fell -12.43 points or -0.09% at 13389.43. At the low the index was down -2.2%
  • Dow fell -472.47 points or -1.36% at 34270.35. At the low the index was down -1.92%
  • Russell 2000 index fell Monday 5.7 points or -0.26% at 2207.00.

Looking at the Dow 30, Home Depot was the biggest loser falling -3.10% followed by Travelers at -3.05%.

Dow leads the move down today. 
A look at some of the winners today, is like the who’s who of the Wall Street Bet’s message boards. Roblox was big winner at +13.76%. The list also includes Palantir, Chewy, Koss, Zoom, Crowdstrike, Snowflake, Doordash, AMC and of course Gamestop.