London, Monday, 14 February 2022 -
US Markets summary
In a session dominated by concerns of imminent war in Eastern Europe and uncertainty over the US Fed's next move, US markets closed mainly lower on Monday, with the Dow down 170 points, the S&P 500 down 0.4 percent, and the Nasdaq around the flatline.
Russia's Foreign Minister Sergei Lavrov stated that he was willing to continue to utilize diplomacy to alleviate tensions, while St.
Louis Fed President James Bullard repeated his support for 100 basis point rate hikes by July 1st.
European Markets summary
Concerns over increasing geopolitical tensions in Eastern Europe and an impending policy tightening cycle sent shockwaves through equities markets again on Monday, with travel and leisure sectors leading the way lower.
The United States has warned Russia that it may attack its neighbour before the completion of the Beijing Olympics in a week.
Despite this, President Vladimir Putin has consistently denied any plans to invade by holding televised talks with his foreign and defense ministries, emphasizing the need for tensions to be de-escalated.
Individual stocks fell over 16% when Clariant, a Swiss chemicals company, delayed its 2021 results release amid claims that some employees altered accounts in 2020 and 2021 to fulfil financial targets. In Germany, the benchmark DAX 30 index fell more than 2% to 15,100 points.
U.S. Stock Market Indexes as at 4:05 p.m. ET
S&P 500: -16.98 (-0.38%) to 4,401.66
Nasdaq: -0.24 (-0.00%) to 13,790.92
Dow Jones: -171.89 (-0.49%) to 34,566.17
European Stock Market Indexes
STOXX Europe 600: −8.61 (1.83%) at 460.96 as on Feb 14, 6:00 PM GMT+1
FTSE 100 in London: −129.43 (1.69%) at 7,531.59 as on Feb 14, 4:35 PM GMT
DAX 30 in Germany: −311.15 (2.02%) at 15,113.97 as on Feb 14, 5:55 PM GMT+1
CAC 40 in France: −159.40 (2.27%) at 6,852.20 as on Feb 14, 6:05 PM GMT+1
FTSE MIB 30 in Italy: −550.69 (2.04%) at 26,415.41 as on Feb 14, 5:35 PM GMT+1
IBEX 35 in Spain: −224.30 (2.55%) at 8,573.80 as on Feb 14, 5:38 PM GMT+1
Other markets
Ten-year U.S. Treasury note: +4.1 bps to yield 1.9960% as at 4:05 p.m. ET Feb 14
Dollar index: +0.21 or 0.22% at 96.30 as on Feb 14, 2022 at 5:48 p.m. EST
VIX volatility index: +0.97 (3.55%) at 28.33 as on Feb 14, 3:15 PM CST
Oil prices
Brent crude: -0.67 or -0.69% at $ 95.81 per barrel as on Feb 14, 2022 10:49 p.m. GMT
West Texas Intermediate: +1.68 or +1.80% at $ 94.78 per barrel as on Feb 14, 2022 4:59 p.m. EST
Precious metals
Gold: +13.28 or +0.71% $ 1,871.96 an ounce as on Feb. 14 at 18:03 NY Time
Silver: +0.29 or +1.22% $ 23.86 an ounce as on Feb. 14 at 18:03 NY Time
Cryptocurrencies
Bitcoin: +624.90 (1.49%) at $ 42,699.90 as on Feb 14, 11:00 PM UTC
Ethereum: +74.48 (2.59%) at $ 2,947.71 as on Feb 14, 11:05 PM UTC
(Written and edited by: The Decision Maker)
