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News highlights: Top global markets news of the day

Dow Jones Newswires ·  Mar 26, 2022 02:59  · Markets

Stocks Notch Weekly Gains

Stocks rebounded for a second week as investors gained confidence that the economy can withstand the escalating war in Ukraine and the Federal Reserve's plans to lift interest rates.

U.S. to Boost Gas Deliveries to Europe Amid Scramble for New Supplies

The U.S. is ramping up shipments of liquefied natural gas to Europe this year as the continent hunts for new supplies around the globe to phase out its reliance on Russian energy after the invasion of Ukraine.

Fed's Williams: Fed Can Boost Rates By 50 Basis Points if Needed

Federal Reserve Bank of New York leader John Williams said Friday that he is open to the central bank doing a half-percentage-point interest rate increase if the economy's outlook calls for it, while stopping short of saying such an action is likely.

Biden's Poland Visit Spotlights Weapons, Humanitarian Aid for Ukraine

The president met with U.S. troops who are in Poland to bolster the NATO member's defenses amid Russia's invasion of neighboring Ukraine.

Biggest share of Americans since 1940s say their financial health will get worse in year ahead

The final reading of U.S. consumer sentiment in March fell slightly to 59.4 and stayed at a nearly 11-year low because of high inflation and angst about the Russian invasion of Ukraine.

Pending home sales decline for 4th consecutive month, as interest rates rise: 'Many people looking for a home have hit a ceiling'

Fast-rising mortgage rates are straining affordability for a growing number of families, putting homeownership out of reach for some.

What Sanctions Mean for Russia's $140 Billion in Gold

Sanctions could make it more difficult, but not impossible, for Russia to sell some precious metal to raise money while its invasion of Ukraine continues.

Behind the Scenes, IPO Playbook Is Changing

Bankers are preparing for an eventual initial public offering market thaw by focusing on companies with profits and stability.

India's Russian-Oil Buy: Red Flag or Red Herring?

New Delhi has faced criticism for its longstanding ties with Moscow. But at least for now, a big shift toward Russian-oil imports looks unlikely.

Small Trucking Companies Are Getting Squeezed by Soaring Diesel Prices

Fuel costs have spiked at an unprecedented pace following Russia's invasion of Ukraine, posing a challenge for freight haulers operating on tight margins and light capital.

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