Stock futures and global shares slipped following days of whipsaw moves, while oil prices rallied
A powerful coalition of democracies announced it would cut off some Russian banks from the global payment system Swift. Here’s how Swift works, and how the move could increase pressure on Russian President Putin. Photo: Anton Vaganov/ReutersU.S. stock futures and global shares slipped, following days of whipsaw moves prompted by Russia’s invasion of Ukraine, while oil prices rose to multiyear highs.
Futures tied to the S&P 500 fell 0.6%. Blue-chip Dow Jones Industrial Average Futures also fell 0.6%, while technology-heavy Nasdaq-100 futures dropped 0.7%.
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