Stocks Gain as Putin Invades Ukraine

Monday, stocks closed down 0.8% in Asia and 1.3% in Europe. Markets were closed in the U.S. for President’s Day.

Tuesday, stocks closed down 1.6% in Asia, were little changed in Europe, and fell 1.1% in the U.S. on 13B shares traded. The Dow Jones Industrial Average closed below 34,000.

Wednesday, stocks moved up slightly in Asia and in Europe but fell 1.2% in the U.S. on 12B shares traded. The VIX rose 8% to close at 31.02. The 10-Year U.S. Treasury bond yield rose 2% to close at 1.98. The S&P 500 Index closed below 4300.

Thursday, stocks plummeted 3.2% in Asia and Europe but declined just slightly in the U.S. on 18B shares traded. The NYSE closed below 16,000.

Friday, stocks gained 0.4% in Asia but shot up 3.2% in Europe and 2.7% in the U.S. on 13B shares traded. The VXO fell 9% to close at 27.59. The Dow, S&P 500, and NYSE indices each closed above their respective 34,000, 4300, and 16,000 benchmarks.

Leave a Reply

Your email address will not be published. Required fields are marked *