Dow, S&P close lower after 4 days of gains as Russia bombs Ukraine

The logo for the New York Stock Exchange (NYSE) is displayed on the floor of the NYSE in New York City, US, March 29, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US bond market spurs recession worry Private payrolls increased by 455,000 jobs in March Dow down 0.19%, S&P 500 … Read more

Tesla to seek shareholder approval for stock split

March 28 (Reuters) – Tesla Inc (TSLA.O) will seek investor approval to increase its number of shares to enable a stock split in the form of a dividend, the electric-car maker said on Monday, sending its shares up about 5 %. The proposal has been approved by its board and the shareholders will vote on … Read more

Yen tumbles as BOJ interventions to keep bond yields pinned down

HONG KONG/TOKYO, March 28 (Reuters) – The Japanese yen slipped to a six-year low on Monday, after the Bank of Japan stepped into the market to stop government bond yields from rising above its key target, while bitcoin jumped to nearly its highest this year. The BOJ, on Monday morning offered to buy unlimited amounts … Read more

Nike, IKEA close Russian stores as sanctions, trade restrictions bite

March 3 (Reuters) – Sneaker maker Nike and home furnishings firm IKEA shut down stores in Russia on Thursday, as trade restrictions and supply constraints added to political pressure for companies to stop business in Russia because of its invasion of Ukraine. French bank Societe Generale (SOGN.PA) said it was working to cut its risks … Read more