Sector Wars: Tesla Stock Tumbles As Two Leaders Rise, One Gets Sold Into Strength

As Tesla, Nvidia and Microsoft struggle, CF Industries gets sold into strength and Union Pacific and Vertex buck the market correction. Read More...

Reuters

Russian rouble tanks as bids evaporate in offshore trade

LONDON (Reuters) -Russia’s rouble lost over a fifth of its value in thin trading on Monday to a fresh record low, with local markets closed for trading until at least Wednesday. The rouble has lost nearly 50% of its value against the greenback since the start of the year, with losses sharply accelerating since Russia invaded Ukraine on Feb. 24, a move that sparked sweeping sanctions from various governments across the world. On the EBS trading platform, the rouble weakened as far as 160 to the dollar, or more than 22%, and was recently traded at 145, down 14.5% on the day.