Red on Wall Street: Storbank stock fell more than 6 percent

Red on Wall Street: Storbank stock fell more than 6 percent

The largest financial house in the world, Citigroup, It reported earnings of $1.58 per share in the first quarter, beating estimates of $1.18. Net interest income increased 16 percent from the previous year to $594 million. The bank's shares fell 1.73 percent to $59.66 on Friday.

Turmoil in the oil market – rising prices

Oil prices continued to rise after reports that Israel is preparing for a direct attack from Iran. This would be the largest escalation of tensions in the region since the outbreak of war between Israel and Hamas in October last year, he wrote. CNBC.

The price of US crude oil, West Texas Intermediate crude, closed on Friday, up by 0.6% at $85.52 per barrel. Brent crude from the North Sea rose more than two percent on Friday afternoon, its highest level since October last year. Oil closed on Friday up 0.5 percent at $90.18 a barrel.

Widespread decline

Among the losers today we find Black stoneThe stock closed down 2.91 percent at $763.11. Intel Corporation It fell sharply by 5.16 percent to $35.69.

Boeing It fell 2.20 percent to $169.55 Advanced micro devicesAMD shares fell 4.23 percent.

The decline in Seven Wonders shares continues. the alphabet The price decreased by 1.05 percent to $157.73. Microsoft The stock closed down 1.41 percent at $421.90. Amazon It fell 1.54 percent to 186.13 percent dead And Tesla It fell, respectively, 2.15 percent to $511.90 and 2.03 percent to $171.05.

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Bitcoin It ended 0.51 percent to $67,204 per share. Ethereum It fell 8.08 percent to 3,238.94. dollar.

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Dalila Awolowo

Dalila Awolowo

"Explorer. Unapologetic entrepreneur. Alcohol fanatic. Certified writer. Wannabe tv evangelist. Twitter fanatic. Student. Web scholar. Travel buff."

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