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HomeTrading NewsPimco Amassed Billions of Exposure to Russia Debt Facing Default

Pimco Amassed Billions of Exposure to Russia Debt Facing Default

MarketWatch

Dow ends 650 points higher as investors track Russia-Ukraine war developments

U.S. stocks ended sharply higher Wednesday, bouncing as investors continued to track the Russia-Ukraine war and its potential economic fallout. The Dow Jones Industrial Average rose around 653 points, or 2%, to end near 33,285, while the S&P 500 gained 2.6% to finish near 4,278. The Nasdaq Composite jumped 3.6% close near 13,256. The bounce came as news reports said foreign ministers from Russia and Ukraine plan to meet Thursday in Turkey. Oil futures retreated, pulling back from nearly 14-year

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