Oil declined to $97 per barrel, and S&P 500 futures were up 0.74% this morning after the index closed down 0.37% yesterday. Japan’s Nikkei 225 rose 2.87%, India’s Nifty 50 was up 1.72%, South Korea’s KOSPI rose 1.59%, and the Stoxx Europe 600 was up 1.46% in early trading. Gold is no longer a safe haven—it’s down 15% since the start of the war. Bitcoin continues to go nowhere—it’s at $71.5K this morning.
Chart via TradingEconomics.comTradingEconomics.com
ONE BIG THINGExclusive: Alphabet is again No. 1 on Fortune’s America's Most Innovative Companies list.
America’s Most Innovative Companies honors companies that lead the charge in fostering creativity, advancing technology, and driving transformational change. This is the fourth year Fortune has published its list in partnership with Statista, and for the fourth year in a row, Alphabet has come out on top. The 300 companies on this year’s list brought in over $12.5 trillion in revenue for the latest 12 months, with the median revenue figure at $24 billion. Technology, health care, and financial firms dominate the list. See the data here.
IRANPeace talks have broken out
