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US Stocks Rebound Thursday, European Stocks Plummeted.


London, Thursday, 24 February 2022 -



US Markets summary


As investors assessed the Russian invasion of Ukraine and took advantage of lower valuations, all three major US stocks ended Thursday's session higher, erasing steep declines earlier in the session.


The Dow closed 92 points higher, the tech-heavy Nasdaq rose more than 3%, and the S&P 500 rose 1.5 percent.


President Biden of the United States imposed further penalties against Russian banks and stated that the United States will release more strategic oil, but he stopped short of banning Russia from the Swift network.


European Markets summary


On Thursday, European stocks fell dramatically as Russia invaded Ukraine, and the attack appears to be more violent and extensive than previously anticipated.


Russia will face tougher penalties in the future, according to the EU, the US, and the United Kingdom.


The Dax fell 4% to 14052, its lowest level since March 2021, making it one of the worst-performing indices.


The STOXX 600 was down 3.2 percent, the CAC was down 4%, the FTSE MIB was down 4.2 percent, and the IBEX 35 was down 2.9 percent.


Since the coronavirus epidemic began in 2020, the banking sector has suffered its worst day. Banks in Italy, Austria, and France are the most exposed to Russia in the world.


U.S. Stock Market Indexes as at 4:01 p.m. ET

  • S&P 500: +63.15 (+1.49%) to 4,288.65

  • Nasdaq: +436.10 (3.34%) to 13,473.58

  • Dow Jones: +91.12 (+0.28%) to 33,222.88


European Stock Market Indexes

  • STOXX Europe 600: -14.87 points, or 3.28%, to close flat at 438.99

  • FTSE 100 in London: -291 points, or 3.88%, to close at 7,207

  • DAX 30 in Germany: -580 points, or 3.96%, to 14,052

  • CAC 40 in France: -260 points, or 3.83%, to close at 6,521

  • FTSE MIB 30 in Italy: worst performer of the day, -1,077 points, or 4.15%, to finish at 24,877

  • IBEX 35 Spain: -241 points, or 2.86%, to finish at 8,198


Other markets

  • Ten-year U.S. Treasury note: -0.8 bps to yield 1.9690%

  • Dollar index: +0.86 or 0.89% at 97.05

  • VIX volatility index: −0.70 (2.26%) at 30.32


Oil prices

  • Brent crude: +0.47 or + 0.49% at $ 95.89 as on Feb 24, 2022 10:59 p.m. GMT

  • West Texas Intermediate: +1.68 or 1.81% at $ 94.45 as on Feb 24, 2022 at 7:17 p.m. EST


Precious metals

  • Gold: -0.87 or -0.05% at $ 1,908.05 an ounce as on Feb 24, 19:27 NY Time

  • Silver -0.27 or -1.09% at $ 24.26 an ounce as on Feb 24, 19:27 NY Time


Cryptocurrencies

  • Bitcoin: +234.60 (0.61%) at $ 38,581.90 as on Feb 25, 12:24 AM UTC

  • Ethereum: +20.51 (0.79%) at $ 2,616.57 as on Feb 25, 12:24 AM UTC



(Written and edited by: The Decision Maker)