Markets

Tensions Lower, Stocks Climb

In case anybody needed a reason to not want a war.
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Tensions Lower, Stocks Climb

Russian troops were pulled back from the Ukrainian border leading to lowered concerns about an impending conflict as well as good things for the market.  

The Indexes:

  • S&P 500 rose 69.40 points (1.6%) to 4471.07 which caught up after 3 days of losses.
  • Dow Jones Rose 422.67 points (1.2%) to 34988.84
  • Russell 2000 up 55.68 points (2.76%) to 14139.77
  • and tech-heavy Nasdaq added 348.84 points (2.5%) to 14139.76

Additional movement in the market includes international oil benchmark Brent Crude, lowering prices 3.3% to $93.28 a barrel, natural gas in the EU dropping by 3.4%, and the US 10-Year treasury note raising 2.044% to its highest value since June 2019.

Telling it like it is - In case anybody needed a reason to not want a war.

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