The US markets see-sawed throughout Tuesday?s session before closing lower as investors responded to rising commodity prices resulting from the ongoing war between Russia and Ukraine. President Biden also announced a ban on imports of Russian oil which sent the price of Brent Crude oil to nearly 130 US dollars a barrel. Apple shares dipped yesterday amid a broad tech sell off despite the tech giant hosting a virtual event unveiling both a new affordable 5G iPhone, and announcing a new deal to live broadcast Major League Baseball games on its Apple TV Plus streaming service on Friday nights. A spotlight on electric vehicle makers are investors piled into battery-car manufacturers shares on Tuesday amid rising fuel prices resulting from the ongoing war between Russia and Ukraine. Samsung, the leading smartphone seller in Russia with more than 30% market share, is the latest multinational corporation to exit Russia by suspending all exports to the country.
VIDEO: EV shares rallied on rising fuel costs around the world
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