Market Continues Falling on Russia-Ukraine Woes

Key Takeaways

  • The S&P 500 closed at 4,348.87 down from 4,418.64  last Friday. The VIX closed little changed from last Friday at $27.75.
  • The market started to regain some footing on Friday morning, but renewed reports of imminent escalation from Russia alarmed markets.  President Biden believes Putin has decided to invade.
  • Nasdaq was down the most of major indices. Longer duration (high P/E) stocks continue to be under pressure.
Despite the fever pitch of fear around th...

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