Why oil prices aren’t soaring despite Middle East uncertainty

View in Browser February 16, 2024 Dow 38,627.99 0.37% S&P 500 5,005.57 0.48% NASDAQ 15,775.65 0.82% Last updated February 16 at 5:15 PM ET     Why oil prices aren't soaring despite Middle East uncertainty When Russia invaded Ukraine in 2022, the price of oil jumped to over $100 a barrel. But despite the threat of an escalation of tensions in the Middle East and attacks on Red Sea shipping, oil markets have yet to see such moves this time around.    Read full article   Despite Japan's economic recession, Asian stocks rise Japan's stock market defied gloomy economic data to rally Friday, lifting broader Asian shares and ending the week on a buoyant note.    Read full article   Don't look now but gas prices are rising fast You're not imagining it: Gasoline prices are moving swiftly higher across the country.    Read full article   Nike layoffs: Sportswear giant is cutting 2% of its workforce Nike will lay off about 2% of its employees, or close to 1,700 people, as the sportswear behemoth looks to cut as much as $2 billion in costs.    Read full article   Caitlin Clark-onomics and the new era of profitability in college sports Caitlin Clark made history Thursday as women's college basketball's all-time leading scorer. The Iowa star is also an economic powerhouse, putting a spotlight on the multi-million dollar earning potential of some athletes in a new era of profitability in college sports.    Read full article   House committee issues unprecedented subpoenas to Harvard in antisemitism investigation A congressional committee investigating campus antisemitism took the unprecedented step of issuing multiple subpoenas to Harvard University on Friday, compelling the Ivy League school to turn over documents lawmakers are seeking.    Read full article   Today's movers HOLO 66.36 114.06% MicroCloud Hologram Inc. HKIT 3.55 49.16% Hitek Global, Inc. BLZE 11.83 45.15% Backblaze, Inc. Class A SELX 2.61 53.23% Semilux International Ltd. CHNR 1.77 48.99% China Natural Resources, Inc. TRUP 22.88 35.15% Trupanion, Inc. Last updated February 16 at 4:00 PM ET Have feedback? We'd love to hear from you. Send your questions and feedback to marketsnow@cnn.com   You are receiving this newsletter because you signed up for Markets Now. To stop receiving this newsletter, unsubscribe or sign up to manage your CNN account   Learn more about the CNN app |  Get CNN web alerts  |  Sign up for a free CNN account   ® © 2024 Cable News Network. A Warner Bros. Discovery Company. All Rights Reserved. 1050 Techwood Drive NW, Atlanta, GA 30318