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Technical Summary

Hourly

News

Still too hot

A look at the day ahead from Danilo Masoni. The return of U.S. inflation to more bearable levels is not going to happen overnight so those who were hoping for a clear signal that price pressures had peaked got disappointed. April's hot consumer price data did leave bets of aggressive Fed tightening broadly intact and with them the spectre that a hard landing for the world's top economy may become unavoidable.
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H&M, Oracle and videogame maker EA add to corporate condemnation of Russia

(Recasts with more company action, new sanctions, Ukraine official's plan for corporate outreach) * Oracle shuts operations after tweet from Ukrainian official * U.S., EU roll out new sanctions, with a focus on Belarus * Automakers struggle to get enough parts from Ukraine By Tim Hepher and Nick Carey March 2 (Reuters) - Netflix, fashion outlet H&M, tech company Oracle and many others cut or paused business in Russia on Wednesday because of the attack on Ukraine, while the United States laid out
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Apple, Ford other big American brands join corporate wave shunning Russia

* Apple stops Russia sales, makes some app changes * ESG investors support company action * Rouble hits new low By Dawn Chmielewski and Ross Kerber March 2 (Reuters) - Some of America's best-known companies including Apple, Google, Ford and Harley-Davidson rebuked and rejected Russia for its invasion of Ukraine, under steady pressure from investors and consumers decrying the violence.
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Apple stops product sales in Russia, adding to pressure from shippers, car makers

* West imposes unprecedented sanctions after Ukraine invasion * The world's biggest shipping lines take action * Austria's Raiffeisen Bank looks in to leaving Russia -sources By Jonathan Saul, Stine Jacobsen and Dawn Chmielewski March 1 (Reuters) - American big brands including Apple, Google, Ford and Harley-Davidson on Tuesday stopped sales and distanced themselves from Russia because of the invasion of Ukraine, joining a growing list of companies from shippers to car makers to energy companies
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