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

The world’s leading luxury brands suspend business in Russia

French group Hermes has three stores in Moscow Hermes ‘deeply concerned about situation in Europe’ Russians spend $9 bln/year on luxury goods -Jefferies PARIS, March 4 (Reuters) – The world’s leading luxury brands said on Friday that they planned to temporarily close stores and pause business operations in Russia. Birkin bag maker Hermes and Cartier … Read more