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Asian stocks may get a boost from a Wall Street rally after Federal Reserve Chair Jerome Powell backed a measured interest-rate liftoff while flagging economic resilience and inflation vigilance. Treasuries slid.

The price of U.S. crude jumps 7 percent to $110.60 per barrel, the highest level in just over a decade.

HOUSTON (AP) _ Orion Marine Group Inc. (ORN) on Wednesday reported a loss of $8.8 million in its fourth quarter. The Houston-based company said it had a loss of 29 cents per share. Losses, adjusted for asset impairment costs and pretax expenses, were 17 cents per share. The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share. The heavy civil marine contractor posted revenue of $162.3 million in the period, which topped Street forecasts. Four analysts surveyed by Zacks expected $137.7 million. For the year, the company reported a loss of $14.6 million, or 47 cents per share. Revenue was reported as $601.4 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ORN at https://www.zacks.com/ap/ORN

NEW YORK, March 2 (Xinhua) -- U.S. stocks climbed on Wednesday as investors monitored the situation in Ukraine, while digesting the U.S. Federal Reserve Chairman Jerome Powell''s latest testimony. The Dow Jones Industrial Average jumped 596.40 points, or 1.79 percent, to 33,891.35. The S&P 500 was up 80.28 points, or 1.86 percent, to 4,386.54. The Nasdaq Composite Index increased 219.56 points, or 1.62 percent, t

Investors were already on edge about interest rate hikes before Russia''s invasion of Ukraine sent markets spiraling.

2/2 © Reuters. FILE PHOTO: The New York Stock Exchange (NYSE) in New York City, where markets roiled after Russia continues to attack Ukraine, in New York, U.S., February 24, 2022. REUTERS/Caitlin Ochs 2/2 By Devik Jain and Noel Randewich (Reuters) – Wall Street ended sharply higher on Wednesday after Federal Reserve Chair Jerome Powell …

NEW YORK - Wall Street took another sharp swing Wednesday, this time back to rally mode, as stocks and Treasury yields rose even as oil prices continued to climb.

U.S. stocks posts sharp gains Wednesday, as the Dow Jones Industrial Average and S&P 500 rallied, highlighting a bout of bullishness on Wall Street.

U.S. indices finished lower as the Russian invasion of Ukraine continues to escalate. The conflict has weighed on stocks and economic sentiment while lifting oil prices amid supply concerns. The Nasdaq composite finished lower by 1.59% to 13,532; The Invesco QQQ Trust Series 1 (NASDAQ: QQQ ) lost 1.53% to $341.49 The S&P 500 traded lower by 1.55% to 4,306; The SPDR S&P 500 ETF Trust (NASDAQ: SPY ) lost 1.52% to $429.98 The Dow Jones composite traded lower by 1.54% to 11,289; The SPDR Dow … Full story available on Benzinga.com

U.S. stock benchmarks skidded lower and the Dow Jones Industrial Average recorded one of its worst losses of the young year while oil prices surged to highs not seen since 2014 as Russia’s invasion of Ukraine was in its sixth day.President Joe Biden is slated to address the nation at 9 p.m. Eastern Time, which is expected to include comments about surging inflation and the conflict in Eastern Europe. The Dow Jones Industrial Average DJIA finished off nearly 600 points, or 1.8%, to 33,294. Its finish was close to the level, 33,119.69, that would put the blue-chip benchmark in correction territory, or down 10% from its recent peak, joining the S&P 500 and the Nasdaq Composite. The S&P 500 index SPX closed off 1.6% lower at 4,306.20, led by declines in financialsXX:SP500.40, down 3.7%.The Nasdaq Composite Index COMP fell 1.6% to around 13,532. The 10-year Treasury note yields around 1.72%, down over 11 basis points from its 3 p.m. ET Monday rates. April West Texas Intermediate crude CL.1CLJ22rose $7.69, or 8%, to settle at $103.41 a barrel on the New York Mercantile Exchange after hitting an intraday high at $106.78.

https://www.investing.com/news/stock-market-news/sp-500-slips-on-soaring-oil-falling-financials-amid-russia-invasion-2775506

U.S. stocks drift down as Russia ratchets up its invasion in Ukraine and cease-fire talks aren''t expected to resume for a couple of days.The Dow Jones falls 0.4%, and the S&P 500…

Updated on March 1st, 2022 by Quinn Mohammed The Dividend Aristocrats are a group of 66 companies in the S&P 500 Index, with 25+ consecutive years of dividend increases. The Dividend Aristocrats each have strong business models, with competitive advantages that provide them with the ability to raise their dividends each year. There are currently […] The post Dividend Aristocrats In Focus: Amcor plc appeared first on Sure Dividend .

US equities were sharply lower on Tuesday as investors fretted about the global economic impact of the West’s harsh sanctions against Russia, and as t

© Reuters. By Yasin Ebrahim Investing.com — The S&P 500 fell Tuesday, paced by a slump in banking stocks as Treasury yields slipped on safe-haven buying and a surge in oil prices dampened the economic outlook as Russia intensified its assault on Ukraine. The fell 1.7%, the fell 1.8%, or 746 points, the fell 1.7%. …