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(Reuters) – U.S. stock index futures jumped on Wednesday after four straight sessions of losses on Wall Street as oil prices eased and investors snapped up stocks hammered by concerns over Western sanctions on Russia following its invasion of Ukraine. The tech-heavy Nasdaq 100 futures led the rebound, rising 2.06%. Megacap growth stocks Amazon.com Inc, … Read More

Shares of Thor Industries Inc. shot up 6.3% in premarket trading Wednesday, after the maker of recreational vehicles reported fiscal second-quarter profit and sales that rose well above expectations, as strong demand for RVs and towables in North America offset continued supply chain challenges. Net income for the quarter to Jan. 31 more than doubled to $266.6 million, or $4.79 a share, from $132.5 million, or $2.38 a share, in the year-ago period. The FactSet consensus for earnings per share was $3.39. Sales grew 42.1% to $3.88 billion, beating the FactSet consensus of $3.52 billion. In North America, towable RV sales rose 44.6% to $1.99 billion and motorized RV sales soared 69.3% to $976.8 million, while RV sales in Europe fell 1.3% to $723.7 million. "We are in a market wherein most every RV produced by THOR and its competitors sells quickly," said Chief Operating Officer Todd Woelfer. "In this situation it is easy to fall into the trap of overproducing, but we chose to produce at a prudent rate to ensure profitable growth and greater quality during this period of very strong retail demand." Thor''s stock has tumbled 17.5% over the past three months through Tuesday, while the S&P 500 has declined 10.6%.

Japan +0.09%. China -2.94% Hong Kong -2.62%.Australia +1.04%. India +0.87%.Overnight on Wall Street, Dow Jones shed 184.74 points, or 0.56%, to 32,632.64, S&P 500 declined 0.72%…

Most Asian stock markets rebounded Wednesday following Wall Street''s decline while Chinese shares sank after inflation edged higher.

https://www.investing.com/analysis/sp-500-it-closed-lower-but-smart-money-was-buying-tuesdays-midday-rally-why-200619584

Asian stocks rebounded Wednesday after Wall Street declined and China reported inflation edged higher. Already high oil prices rose further, adding more than USD 2 per barrel following President Joe Biden''s ban on imports of Russian crude. Stock benchmarks in Shanghai, Tokyo and Sydney rose while Hong Kong declined. South Korean markets were closed for a presidential election. Wall Street''s benchmark S&P 500 index sank 0.7 per cent amid enduring unease over the impact of Russian President Vladimir Putin''s attack on Ukraine. Asian markets seem to be taking a breather from their sell-off, but Wall Street''s retreat may drive some wait-and-see as geopolitical risks show no signs of easing, Yeap Jun Rong of IG said in a report. Also Wednesday, China''s government reported consumer prices rose 0.6 per cent in February from the previous month while producer prices gained 0.5 per cent. The Shanghai Composite Index rose 0.6 per cent to 3,312.39 and the Nikkei 225 in Tokyo gained 0.9 to …

Australian shares were poised to open slightly higher on Wednesday, likely helped by surging commodity prices, although sentiment was expected to remain under pressure after a weak session on Wall Street overnight. The local share price index futures was up 0.07%, a 31.3-point discount to the underlying S&P/ASX 200 index close. The benchmark closed 0.8% lower on Tuesday. New Zealand’s benchmark S&P/NZX 50 index rose by 0.5% at 11,802.62 points by 2130 GMT.

Major U.S. stock indexes ended lower in rocky trading on Tuesday, as investors weighed fast-paced developments around the crisis in Ukraine as the United States banned Russian oil and other energy imports over the invasion. Losses accelerated into the end of Tuesday’s up-and-down session, a day after steep declines that saw the tech-heavy Nasdaq confirm […]

Asian stocks rebounded Wednesday after Wall Street declined and China reported inflation edged higher.

Asian stocks mostly rebounded Wednesday after Wall Street declined and China reported inflation edged higher.

At the close of trade, the Dow Jones Industrial Average index declined 184.74 points, or 0.56%, to 32,632.64. The S&P500 index dropped 30.39 points, or 0.72%, to 4,170.70. The tech-heavy Nasdaq Composite Index shed 35.41 points, or 0.28%, to 12,795.55.

After multiple days of pessimism, mainly due to the Ukraine-Russia tussles, market sentiment improves during early Wednesday. While portraying the moo

International Business News: Major US stock indexes ended lower in rocky trading on Tuesday, as investors weighed fast-paced developments around the crisis in Ukraine as the Unite.

Market Roundup Canada Imports 54.00B,308.90B previous US Exports 224.40B, 228.10B previous US Imports 314.09B,308.90B previous US Jan Trade Balance-89.70B, -87.10B forecast, -80.70B previous Canada Jan…