U.S. shale producer EOG Resources Inc's first-quarter profit beat Wall Street estimates, while it raised its dividend, as the Ukraine crisis pushed oil prices to multi-year highs.

U.S. stocks closed Thursday sharply lower as investor sentiment cratered in the face of concerns that the Federal Reserve's interest rate hike would not be enough to tame surging inflation.

U.S. shale producer EOG Resources Inc said on Thursday its first-quarter profit more than doubled and raised its dividend, as the Ukraine crisis pushed oil prices to multi-year highs.

Amazon.com Inc union organizer Christian Smalls met with President Joe Biden during his visit to the White House on Thursday, a White House official said.

U.S. stocks ended Thursday sharply lower amid a broad sell-off, as investor sentiment cratered in the face of concerns that the Federal Reserve's interest rate hike the previous day would not be enough to tame surging inflation.

Oil prices steadied on Thursday, under pressure from a stronger dollar and a drop in global stock markets while supported by supply worries after the European Union (EU) laid out plans for new sanctions against Russia including an embargo on crude.