Bitcoin slides to $35,000 level, related crypto ETFs + crypto companies in the crosshairs
, dragging down other cryptos as investors sell riskier assets
Gold jumps to highest in a year
In a flight to safety, gold jumps to the highest level in over a year, over $1,900 an ounce…
Dow futures down over 800 points…
US stocks tumbled across the board as oil, gold moved higher.
US oil nears $100 per barrel
Russia invasion of Ukraine spikes oil as investors weigh actions.
Lloyds on ‘heightened alert’ for Russian cyberattacks on banks, CEO says
Britain’s biggest domestic lender Lloyds said on Thursday it was on “heightened alert” for cyberattacks from Russia as the crisis in Ukraine has worsened.
“We’ve been on heightened alert… internally around our cyber risk controls and we’ve been focused on this now for quite a while,” Lloyds CEO Charlie Nunn told reporters after the bank’s full-year results.
Preparation for potential cyberattacks was discussed in a meeting between the government and banking industry leaders about Russia on Wednesday, Nunn added. Lloyds has been on heightened alert for the “last couple of months”, Nunn said.
Stock futures tumble, oil surges as Russia launches full-scale attack in Ukraine
The major futures indexes are suggesting a decline of more than 2.4%, or more than 800 points on the Dow.
The price of oil jumped on concern about possible disruption of Russian supplies. U.S. crude is gaining $7.62 to $99.72 per barrel. Brent crude is higher by $8.33 to $105 per barrel. Brent traded at $94.05 the previous session.
Stock futures dive, oil surges as Russia invades Ukraine
U.S. equity futures plunged as Russian President Vladimir Putin launched his along-anticipated military operation in Ukraine. U.S. crude oil and Brent both moved higher. Continue reading
Bitcoin trades around $35,000
In cryptocurrencies, Bitcoin traded down more than 4% around $35,000, as investors sold risky assets. Bitcoin has recently been trading in concert with the stock market due to concerns about inflation and upcoming interest rate moves by the Federal Reserve.
US facing worst worker shortage since WW2, Goldman says
The U.S. economy
is facing the worst labor shortage in close to a century, according to new research, raising the prospect of prolonged higher-than-usual inflation.
Goldman Sachs economists, led by Jan Hatzius, estimated that there is a shortage of 4.6 million workers in the U.S. Continue reading