Stock prices rise as oil and gold recede

US stocks rose at the start of the trading week as commodity prices eased recent highs and investors are hoping for an expected Fed hike on Wednesday.

Ticker safety last Change change %
I: DJI Dow Jones Industrial Average 32944.19 -229.88 -0.69%
SP500 S & P 500 4204.31 -55.21 -1.30%
I: COMP Nasdaq Composite Index 12843.808072 -286.15 -2.18%

This happens after all three indices end the week in the red after selling on Friday due to uncertainties in Russia and Ukraine.

Russia invades Ukraine: Live Update

Ukrainian President Volodymyr Zelensky has vowed to continue negotiations with Russia as Russian troops bombed a military training base near the Polish border, killing nine and injuring dozens.

Oil prices fall in Asian trading on Monday

US crude oil prices have fallen to $ 104 per barrel, while the global benchmark Brent traded at around $ 108. Gold was also below $ 2,000.

Ticker safety last Change change %
USO US Oil Fund LP 76.40 +2.34 + 3.16%
BNO United STS Brent Oil FDLP Unit 31.13 +0.71 + 2.33%
GLD SPDR Gold Shares Trust-EURACC 185.09 -1.31 -0.70%

Ukrainian drug reduced gold appeal as a war

In this March 3, 2020 file photo, Federal Reserve Bank Chairman Jerome Powell discusses an announcement from the Federal Open Market Committee in Washington at a press conference. (AP Photo / Jacklin Martin / AP News Room)

Mizuho Bank is holding a policy meeting this week in the United States by the Federal Reserve Board (FRB). “Risk off” and other hawkish Federal Reserve spasms ready to raise interest rates by at least 0.25 percentage points.

Lockheed Martin’s share price rose after Reuters reported that Germany would buy an F-35 fighter.

Stock Exchange Trading Floor

US stocks were on the rise as oil fell early Monday morning. (Ali Joseph / New York Stock Exchange via AP)

Ticker safety last Change change %
LMT Lockheed Martin Co., Ltd. 439.04 -5.32 -1.20%

After Jeffreys lowered its price target, shares in Ford and General Motors fell due to headwinds such as supply chain problems, inflation and European exposure as the conflict between Russia and Ukraine continued.

Ticker safety last Change change %
F Ford Motor Co., Ltd. 16.04 -0.29 -1.78%
GM General Motors Co., Ltd. 41.51 -0.34 -0.81%

Chinese stocks are also under selling pressure as they may be delisted on the US Stock Exchange. Regulators are negotiating to resolve the dispute over audit rules, according to an Economic Daily report from the state newspaper.

Ticker safety last Change change %
Baba ALIBABA GROUP HOLDINGS LTD. 86.70 -6.19 -6.66%
DIDI DIDI GLOBAL INC 1.89 -1.49 -44.08%
NIO NIO INC. (China) 16.07 -1.70 -9.57%
JD JD.COMINC. 47.99 -4.53 -8.63%

TEXAS DRILLER creates a “miracle” in the US oil industry

In cryptocurrencies, Bitcoin hovered at the $ 38,000 level.

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The Associated Press contributed to this report.

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