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Stock impact report

Wall Street holds steadier as oil prices stop spiking, for now at least [Globe and Mail, The (Toronto, Canada)]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
The S&P 500 rose 0.2% in early trading. The Dow Jones Industrial Average was down 9 points, or less than 0.1%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.6% higher. Early-morning trends for Wall Street have not held through the day this week, though. Uncertainty about the war has sent prices in financial markets careening up and down hour by hour, with most taking their cues from what the price of oil is doing. Earlier on Wednesday, South Korea's Kospi stock index plunged 12.1% for its worst day in history. But oil prices eased as the trading day moved westward from Asia to Europe. By the time Wall Street was trading, Brent crude, the international standard, slipped 0.3% to $81.13 per barrel. The price for a barrel of benchmark U.S. crude added 0.7% to $75.10. An announcement by President Donald Trump on Tuesday afternoon helped stem the surge for oil prices, when he said the U.S. Development Corp. would provide insurance for oil tankers and other ships going Show less Read more
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