Markets Rally Despite A Full-Scale Russian Invasion of Ukraine

Feb 25, 2022 • 4 Min Read

Key Takeaways

  • The S&P 500 closed at 4,384.65 up from 4,348.87 last Friday. The VIX closed little changed from last Friday at $27.59 well under the levels it peaked at on Thursday AM.
  • Markets had the best day of 2022 so far after their prodigious reversal on Thursday. New EU and American sanctions against Vladimir Putin announced before close. 
Despite the shock to markets and much of the world at the events of Thursday, there wasn’t a flee to safety assets you might expect.Commodity prices spiked on news of the invasion then retreated Friday. Brent breached $100 for the fi...

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