Oil hits $100, US stock futures slide after Putin announces military operation in Donbas
CNN
Brent crude oil hit $100 a barrel and stock futures fell sharply late Wednesday after blasts were heard in Ukraine and Russian President Vladimir Putin announced a military operation in Donbas.
Dow futures lost nearly 700 points, or about 2%. Nasdaq futures dropped 2.7%.
Brent crude, the world benchmark, briefly climbed above $100 a barrel for the first time since 2014. US crude jumped 3.3% to $95.15 a barrel.
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Arnold Schwarzenegger, the former Republican governor of California, said Wednesday he will be voting for Vice President Kamala Harris and Gov. Tim Walz in a rare endorsement.
Maryland GOP Senate candidate Larry Hogan touted an endorsement from Donald Trump in a private donor call and suggested it helps him with the former president’s “hard core” supporters, after repeatedly stating that he did not want Trump’s endorsement.
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The Republican-led House Select Subcommittee on the Coronavirus Pandemic on Thursday morning will send a letter to US Attorney General Merrick Garland referring a potential criminal case involving former New York Democratic Gov. Andrew Cuomo to the Department of Justice, alleging he lied to Congress.
Argentina’s President Javier Milei on Wednesday replaced Foreign Affairs Minister Diana Mondino after she voted in favor of lifting the U.S. embargo against Cuba at the United Nations.