Home » today » Business » Stock prices are rising, oil prices are falling

Stock prices are rising, oil prices are falling

Stock prices ASV a European stock prices rose on Wednesday, but oil prices fell after several days of the opposite trend following Russia’s invasion of Ukraine.

Content will continue after the ad

Advertising

Wall Street indices rose by at least 2% after oil prices New York a London stock exchanges fell by more than 10%.

“Today [akciju cenu] “The rise is due to falling oil prices, but we have not yet seen a minimum in stock prices or a peak in oil prices,” said Peter Cardillo, an analyst at Spartan Capital Securities.

In Europe Frankfurt and Paris stock market indices rose by more than 7%, while the London Stock Exchange index rose by 3.3%.

Michael Hewson, an analyst at CMC Markets, explainedRussia According to the Foreign Ministry, it would be better if their goals in Ukraine were achieved through negotiations “.

The Dow Jones Industrial Average rose 2.0% to 33,286.25 points on Wednesday, the Standard & Poor’s 500 rose 2.6% to 4,277.88 points and the indexNasdaq Composite “increased by 3.6% to 13,255.55 points.

The London Stock Exchange index FTSE 100 rose 3.3% to 7190.72 points on Wednesday, the Frankfurt Stock Exchange index DAX 30 rose 7.9% to 13,847.93 points, while the Paris Stock Exchange index CAC 40 rose 7.1% to 6,387.83 points.

In the New York Stock Exchange, WTI crude fell 10.8% to $ 110.40 a barrel on Wednesday. The price of Brent crude oil fell 11.8% to $ 112.92 a barrel on the London Stock Exchange.

Euro against the US dollar rose from 1.0899 to 1.1067 US dollars per euro on Wednesday, the British pound rose from 1.3104 to 1.3181 US dollars per dollar and the US dollar against Japanese The yen rose from 115.67 to 115.86 yen per dollar. The euro appreciated against the pound sterling from 83.18 to 83.94 pence per euro.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.