London, Friday, 25 February 2022 -
US Markets summary
On Friday, Wall Street's main indexes rose for a second day as investors kept an eye on the situation in Ukraine and speculated on the Fed's next move.
Despite sustained inflationary pressures, geopolitical threats from Eastern Europe are reducing the chances of a Federal Reserve rate hike of 50 basis points in March.
On its biggest day since November 2020, the Dow climbed more than 800 points, the S&P 500 gained more than 2%, and the Nasdaq finished 1.6 percent higher.
European Markets summary
Investors took advantage of reduced values following the previous session's meltdown, which drove key bourses to a level not seen since May 2021.
European major stock indices closed higher on Friday, rebounding from a strong sell-off in the previous session. Concerns remained regarding the Ukraine conflict, despite the fact that the Kremlin declared it was open to talks in Minsk and Ukraine insisted that they take place in Warsaw.
Western countries have already announced harsh new penalties against Russia, but have yet to determine whether or not to deny Russian access to the Swift global payment network or target Russia's energy exports.
The pan-European STOXX 600 index fell for the second week in a row, while Frankfurt's DAX fell 3.1 percent.
U.S. Stock Market Indexes as at 4:00 p.m. ET
S&P 500: +95.92 (+2.24%) to 4,384.62
Nasdaq: +221.04 (+1.64%) to 13,694.62
Dow Jones: +834.72 (+2.51%) to 34,058.55
European Stock Market Indexes
STOXX Europe 600: +14.57 points, or 3.32%, to close at 453.53
FTSE 100 in London: best performer of the day, +282 points, or 3.91%, to finish at 7,489
DAX 30 in Germany: + 515 points, or 3.67%, to close at 14,567
CAC 40 in France: +231 points, or 3.55%, to 6,752
FTSE MIB 30 in Italy: climbed +893 points, or 3.59%, to finish the day at 25,773
IBEX 35 in Spain: +288 points, or 3.51%, to end at 8,486
Ten-year U.S. Treasury note: +1.7 bps to yield 1.9860%
Dollar index: -0.60 or -0.61% at 96.54 as on Feb 25, 2022 4:59 p.m. EST
VIX volatility index: −2.73 (9.00%) at 27.59 as on Feb 25, 3:15 PM CST
Brent crude: +0.64 or + 0.65% at $98.57 per barrel as on Feb 25, 2022 9:59 p.m. GMT
West Texas Intermediate: +0.39 or + 0.43% at $91.98 per barrel as on Feb 25, 2022 9:58 p.m. GMT
Gold: -14.32 or -0.75% at $1,889.18 per ounce as on Feb 25, 17:15 NY Time
Silver: +0.06 or +0.25% at $ 24.25 per ounce as on Feb 25, 17:15 NY Time
Bitcoin: +1,070.30 (2.79%) at $ 39,417.60 as on Feb 25, 11:05 PM UTC
Ethereum: +197.94 (7.62%) at $ 2,794.00 as on Feb 25, 11:05 PM UTC
(Written and edited by: The Decision Maker)