- Other side also needs to compromise
- Aim of talks is to end war
- Only direct contacts between Presidents can end war
I don’t think there’s anything new here.
Archives of “March 9, 2022” day
rssSpare a thought for Mikhail Gorbachev today, as Pizza Hut suspends operations in Russia
Biden’s Executive Order on crypto will be signed Wednesday 9 March 2022 – Yellen statement
The statement has been taken down from Treasury’s site, looks like a mistaken early release. Hre is a pic though
Japan final Q4 GDP comes in much lower than the preliminary reading
Reuters summary of the data:
- revised real GDP +1.1% qtr/qtr (prelim +1.3%, Reuters poll +1.4%)
- revised real GDP annualised +4.6% (prelim +5.4%, poll +5.6%)
- revised capex +0.3% qtr/qtr (prelim +0.4%, poll +0.7%)
- revised private consumption +2.4% qtr/qtr (prelim +2.7%)
- revised external demand contribution to GDP +0.2 pct point (prelim +0.2 pct point)
- revised domestic demand contribution +0.9 pct point (prelim +1.1 pct point)
Japan’s economy not as strong as was initially reported for the final quarter of last year. Which was a long time ago.
Chart for future history books
Major US indices close lower for the fourth consecutive day
The major three US indices closed lower for the fourth consecutive day. The NASDAQ index traded above and below unchanged going into the close but late selling push the index back into the red
The price action was up and down volatile today.
- Dow industrial average was up 585 points at its high, and down -238 point at its low
- S&P index is up 75.94 points at its high, and down -43.89 points at its low
- NASDAQ index reached a day high of 328.48 points, and a low -160.80 points.
Stocks were down for most of the morning session but staged a rally after a report that Ukraine’s Zelenskyy would forgo NATO inclusion which was one of the requirements from Russia for a ceasefire. Oil prices moved lower and stocks moved higher. However, momentum could not be sustained and the selling resumed.
The final numbers are showing:
- Dow industrial average fell -185.68 points or -0.57% at the 32631.73
- S&P index fell -30.47 points or -0.73% at 4170.63
- NASDAQ index felt -35.4 points or -0.28% at 12795.56
- Russell 2000 was the only index to move higher with a gain of 11.68 points or 0.60% at 1963.01
The four-day declines in the major indices has now seen the percentage moves from the high 4 days ago, to the close today of: (more…)
Thought For A Day
