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Markets Hit With Fed and Ukraine Woes, Energy Spikes on Fears of Supply

Key Takeaways

  • The S&P 500 closed 4,418.64 at 4,500.52 last Friday. The VIX spiked to $30 on Friday before receding to $27.36.
  • The market appeared to be regaining some footing earlier in the week, and topped out at 4,587.18 on 2/9. Bullard’s Thursday comments along with the White House announcement of a potential imminent Russian of Ukraine led to selling.  
The much-anticipated CPI number also came in hotter than consensus, adding to the inflation anxieties. - Expectations for Fed t...

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