Latest stock market news today

How did the US stock market close today? Tech stocks underperformed.

S&P 500: 4,363.49,-23.05(-0.53%)
Dow 30: 33,794.66,-96.69(-0.29%)
Nasdaq: 13,537.94,-214.08(-1.56%)
Russell 2000: 2,032.41,-26.46(-1.29%)

Stock market news

“Stocks fell Thursday after rallying a day earlier, while energy prices steadied after soaring to multi-year highs.

The S&P 500 fluctuated between gains and losses, and the Nasdaq came under pressure in afternoon trading. The S&P 500 had jumped by 1.9% on Wednesday as each of the Dow and Nasdaq also advanced. The move higher came following affirmation from Federal Reserve Chair Jerome Powell that the central bank will take a measured approach to raising interest rates amid geopolitical uncertainty helped to momentarily appease volatile markets.

Namely, investor focus turned to Powell’s testimony before the House Financial Services Committee on Wednesday, during which the Fed chief said explicitly that he would back a quarter-point interest rate hike following the Fed’s March meeting later this month. Powell left open the possibility that the Fed would raise interest rates and tighten more aggressively later this year, however, given the current, persistent inflationary pressures rippling across an otherwise solid U.S. economy.

“By expressing that 25 basis points is the likely path of the Fed, that takes away some of the uncertainty. And there was a big debate in the markets about whether it would be 25 basis points or 50 basis points out of the gate,” Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, told Yahoo Finance Live on Wednesday.

“Clearly, [with] the conflict in Ukraine and the sanctions potentially dampening global economic growth, that makes it more likely that the Fed would want to go a little more slowly,” Zaccarelli added. “But on the other hand, inflation is rising … It’s our concern that they will have to go for longer and higher than people are currently expecting.”

And a continued melt higher in energy prices has further stoked inflation concerns, though oil slowed a recent gain on Thursday. U.S. crude oil prices jumped above $116 per barrel to reach a more than decade high before retreating slightly, as investors monitored the potential energy-market fallout from Russia’s invasion of Ukraine. And meanwhile Brent crude — the international standard — rocketed further to near $120 per barrel.”

Stock market data: Yahoo Finance

Latest US stock market news today February 28, 2022

How did the US stock market close today? Small-cap stocks outperformed.

S&P 500: 4,373.94,-10.71(-0.24%)
Dow 30: 33,892.60,-166.15(-0.49%)
Nasdaq: 13,751.40,+56.78(+0.41%)
Russell 2000: 2,049.11,+8.18(+0.40%)

Stock market news

“U.S. stocks declined and energy prices soared Monday after an escalation of sanctions against Russia amid an ongoing conflict in Ukraine stoked further uncertainty over the outlook for global financial markets.

The S&P 500, Dow and Nasdaq each dropped. West Texas intermediate crude oil prices (CL=F) soared to as much as $99.10 per barrel before paring some gains. Brent crude (BZ=F), the international standard, rose to a near seven-year high of more than $104 per barrel. Gold prices jumped while Treasury yields slid as investors piled into safe haven assets.

The market moves Monday came following a tumultuous weekend of fighting in Ukraine as Russia continued its attacks. A new set of sanctions slammed Russia as major Western countries responded to the invasion. And news that Russian President Vladimir Putin had put the country’s nuclear deterrence forces on high alert added to jitters across global financial markets.

The U.S., European Commission, France, Germany, Italy, U.K. and Canada issued a joint statement Saturday agreeing to exclude certain key Russian banks from the SWIFT messaging system, which helps facilitate transactions for trillions of dollars globally. The U.S. on Monday also said it was further prohibiting Americans from transacting with the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federations and the Ministry of Finance of the Russian Federation.

The SWIFT bank bans “would make it more difficult (though not impossible) for these institutions to make cross-border payments,” Capital Economics group chief economist Neil Shearing wrote in a note Monday. “So far at least the West has stopped short of a ban on energy imports from Russia, which would be the most powerful sanctions they could implement.”

“At the same time, the US, European Union, UK and Canada have announced sanctions on the Central Bank of Russia (CBR),” Shearing added. “This is perhaps a more significant move since it will substantially reduce the ability of the CBR to liquidate its foreign assets to support the ruble and help Russian firms service FX-denominated liabilities. Around 40% of Russia’s international reserves are held in the financial systems of the countries that have signed up to these sanctions.”

Stock market data: Yahoo Finance

Stock market news

A higher close for the US stock market on February 25, 2022. How did the US stock market close?

S&P 500: 4,384.65,+95.95(+2.24%)
Dow 30: 34,058.75,+834.92(+2.51%)
Nasdaq: 13,694.62,+221.04(+1.64%)
Russell 2000: 2,040.93,+44.92(+2.25%)

Latest US stock market news

“U.S. stocks made a dramatic comeback in the late afternoon session on Thursday after President Joe Biden imposed a new round of harsher sanctions against Moscow after Russia’s President Vladimir Putin ordered a full-fledged war against Ukraine. All the three major indexes ended in positive territory.

How Did The Benchmarks Perform?
The Dow Jones Industrial Average (DJI) rose 0.3% or 92.07 points to end at 33,223.83 points, after declining as much as 2.6% or 869 points in the early hours of trading.

The S&P 500 gained 1.5% or 63.2 points to finish at 4,288.70 points. However, the index is still in correction territory and at one point of the day had declined more than 2.6%. Technology and communication stocks led the rally.

The Technology Select Sector SPDR (XLK) added 3.4%, while the Communication Services Select Sector SPDR (XLC) gained 2.8%. Seven of the 11 sectors of the benchmark index ended in positive territory.

The tech-heavy Nasdaq climbed 3.3% or 436.1 points, to close at 13,473.59 points. The index fell 3.5% during Thursday’s the early trading session.

The fear-gauge CBOE Volatility Index (VIX) was down 2.26% to 30.32. A total of 17.52 billion shares were traded on Thursday, higher than the last 20-session average of 12.1 billion. Advancers outnumbered advancers on the NYSE by a 1.14-to-1 ratio. On Nasdaq, a 1.53-to-1 ratio favored advancing issues.

Markets Make Dramatic Comeback
Markets opened in the red on Thursday with all major indexes trading more than 2.5% lower, after Russia launched a full-fledged attack on Ukraine. Investors looking for security rushed to buy safe-haven stocks, pushing down bond yields, including the 10-year Treasury yield.

This gave a boost to the dollar, while gold price surged to its highest level in more than a year. However, as the day passed, investors got back much of their confidence as market watchers said that the invasion of Ukraine was long predicted.

Following that, Biden also announced a new set of harsher sanctions on Russia. As investors shifted focus from the Russia-Ukraine war, market somewhat stabilized and gradually made a dramatic comeback sending stocks on a rally.”

Stock market data: Yahoo Finance

Stock market news

Another day with losses for the US stock market. Tesch stocks underperformed. The latest stock market news about the closing figures today are:

S&P 500: 4,225.50,-79.26(-1.84%)
Dow 30: 33,131.76,-464.85(-1.38%)
Nasdaq: 13,037.49,-344.03(-2.57%)
Russell 2000: 1,944.09,-36.08(-1.82%)

Latest US stock market news today

All major US stock indexes closed lower. Small-cap stocks underperformed. How did the US stock market close today?

S&P 500: 4,304.76,-44.11(-1.01%)
Dow 30: 33,596.61,-482.57(-1.42%)
Nasdaq: 13,381.52,-166.55(-1.23%)
Russell 2000: 1,980.17,-29.16(-1.45%)

Stock market news

“U.S. stocks fell sharply Tuesday to start the holiday-shortened week lower as investors monitored heightening tensions between Russia and Ukraine.

The S&P 500 shed 1%, down to 4,304.68 to enter correction territory — or more than 10% from its high. The Dow Jones Industrial Average tumbled 482 points, or 1.4%, to 33,597.00. Both indexes closed at their lowest levels this year so far. The Nasdaq Composite fell as much as 1.2%, or 166 points, to 13,381.52.

President Joe Biden in a speech Tuesday afternoon said he will enact the “first tranche” of sanctions on Russia in response to Vladimir Putin’s move on Monday to recognize two pro-Moscow separatist republics in east Ukraine and deploy Russian troops into the areas.

The move was seen by the West as a provocation and intensified worries a war was underway. Just last week, the Biden administration warned that recognizing the self-declared “People’s Republics” of Donetsk and Luhansk in eastern Ukraine would defy international law and Ukraine’s sovereignty and “necessitate a swift and firm response” from America and its allies.

“The Russians want to rebuild their Eastern Orthodox Slavic empire — that’s Ukraine, Belarus, and Russia and that’s what Putin is doing,” Atlantic Council senior fellow Dr. Ariel Cohen told Yahoo Finance Live. “He is destroying the principle of invincibility of European borders.”

Biden said the U.S. will impose sanctions on Russian financial institutions, sovereign debt and oligarchs in the country, along with their family members.

“This is the beginning of a Russian invasion of Ukraine, so I am going to begin to impose sanctions in response,” the president said, also indicating more sanctions could be on the way if Putin proceeds further.”

Stock market data: Yahoo Finance

Latest stock market news

The US stock market closed lower on Friday, February 18, 2022, as geopolitical concerns remain. Tech stocks underperformed, Nasdaq lost 168 points. How did the US stock market close today?

S&P 500: 4,348.87,-31.39(-0.72%)
Dow 30: 34,079.18,-232.85(-0.68%)
Nasdaq: 13,548.07,-168.65(-1.23%)
Russell 2000: 2,009.33,-18.76(-0.92%)

Stock market news

“Stocks extended declines Friday to close a second straight week in negative territory with geopolitical tensions intensifying to contribute to a further risk-off tone in markets.

The S&P 500 fell 0.71% to 4,348.97, building on a 2% loss in the previous session, while the Dow Jones index closed down 0.68% to 34,079.12 after erasing 1.8% Thursday for its worst day in nearly three months. The Dow also closed at its lowest level since September. The Nasdaq Composite shed 1.23% to 13,548.07 — its lowest level since January. Meanwhile, the CBOE Volatility Index (VIX), or “fear gauge,” spiked back to hover near 28 Friday.

The souring in sentiment came after U.S. officials said they estimated Russia had built up around 190,000 military personnel near Ukraine, raising the specter of a near-term attack. And this came a day after President Joe Biden told reporters on Thursday that the threat of a Russian invasion of Ukraine was “very high” in the coming days. Crude oil prices fell Friday morning to pause a recent run-up even as Russia-Ukraine tensions resurged.

“The two things we’re most concerned about right now in terms of headwinds for the market and causes for volatility, are clearly tensions with Russia-Ukraine … and then clearly, our concern over not just inflation but what the monetary policy response to that inflation is going to be,” Art Hogan, National chief market strategist, told Yahoo Finance Live on Thursday. “And those headlines have changed quite a bit too.”

“We’ve gone from thinking the Fed would be very, very deliberate in their actions starting in March and telegraph everything … to having some outliers on the committee talking about being very aggressive, a lot more aggressive than what’s priced into the market,” he added. “Every day the story changes a bit.”

Treasury yields fell further after dropping across the curve on Thursday, with the 10-year yield holding back below 2%. This came as markets priced in a lower probability of a front-loaded 50 basis-point interest rate hike from the Federal Reserve in March, with investors looking past hawkish commentary from St. Louis Fed President James Bullard calling for a more aggressive path on interest rates.”

Stock market data: Yahoo Finance