Investors are clinging to hope that the war in Ukraine might be easing, and the markets surged today.

After a four-day losing streak, the Dow jumped more than 600 points, while the price of oil was down 11% at the closing bell.
The Dow gained 653 points, exactly 2%, to close at 33,286.
The Nasdaq was up 3.6%, gaining 460 points today.
The S&P finished the day 2.5% higher, up 107 points.

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Oil prices gave back some of the rally we’ve seen this month. Today’s drop was crude oil’s worst fall since November. The current geo-political tensions are a big part of the swings. The U.S. is also encouraging other countries to produce more oil.

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Millions have quit their jobs over the last year, they say due to bad hours, burnout, and a desire for more flexibility. A new Pew Research study shows higher paychecks and a better shot at advancing professionally are the main motivations.

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After years of dangling the carrot, VW finally showed off its new bus. This is the ID.BUZZ, a 21st century version of its classic. All electric. Comes with two-tone paint. 200 horsepower. Goes on sale next year. No word yet on a price.

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From Los Angeles, I’m Brian Martin with your BEONDTV After the Bell report.

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