Russia-Ukraine Effect, Market Volatility, $130 Crude, Buffett Buys OXY But Icahn Sells, Bed Bath and Beyond Soars and the NYSE's President On Halting Trading in Russian Stocks.
b"Carl Quintanilla, David Faber and Morgan Brennan kicked off a new week of trading by focusing on market volatility as the Russia-Ukraine conflict intensifies. WTI Crude briefly surpassed $130 per barrel and the average price of U.S. gasoline topped $4 a gallon -- both for the first time since 2008. How should investors navigate it all? Also in focus: Warren Buffett's Berkshire Hathaway reveals a $5.1 billion stake in Occidental Petroleum and Carl Icahn sells his remaining stake in the energy company, Bed Bath and Beyond shares soar more than 60% after GameStop Chairman Ryan Cohen disclosed a nearly 10% stake in the retailer, and NYSE President Lynn Martin joined the program to discuss the Big Board's decision to halt trading in shares of Russia-based companies."