APTV - Wall Street Breakfast: What Moved Markets
Listen on the go! A daily podcast of Wall Street Breakfast will this morning on Seeking Alpha, iTunes, Stitcher and Spotify. Stocks fell on Friday to close another down week, as investors worried that risks surrounding Russia's war on Ukraine may be spinning out of control, and oil prices skyrocketed after the White House said it was considering a ban on imports of Russian crude. Commodities of all kinds continued to push higher on fears of supply crunches, with crude oil soaring past $115 per barrel to trade near its highest since 2008. The dollar rose to levels not seen since 2020, and 10-year Treasury yields slumped 12 basis points to 1.7% as investors sought safe havens. Equities failed to hold early gains that followed stronger than expected U.S. jobs data, as the major market indexes succumbed to investor jitters ahead of the weekend, with the Dow Jones and SP
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Wall Street Breakfast: What Moved Markets