U.S. equities were able to come off the lows of the day to finish mixed, as investors assessed a number of ongoing headwinds that remained in place, including concerns surrounding the Fed, inflation, and potential for slowing economic growth.
U.S. equities finished broadly higher to snap a three-day losing streak on the heels of news that Russia has begun pulling back troops from the Ukraine border, somewhat cooling tensions in the region.
U.S. equities finished mostly lower in a choppy session amid heightened geopolitical concerns after the U.S. warned that a Russian invasion of Ukraine could be imminent, even as Russian Foreign Minister Lavrov suggested today that diplomacy may still be an option.
Midday gains for U.S. equities quickly faded in late-afternoon action, with stocks finishing solidly lower, as the markets remained uneasy over inflation pressures and the prospect of a more aggressive Fed persisted.
The U.S. equity markets started the shortened week on a down note, with stocks solidly lower, as investors continue to struggle with heightened expectations that the Fed may be more aggressive with its monetary policy tightening campaign to combat persistent inflation pressures.
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Stocks Mixed in Volatile Session
Bears Remain Firmly in Control
Markets Mixed Amid Flurry of Data, Earnings
Markets Suffer Amid Escalated Russia/Ukraine Tensions
Markets Snap Three-day Losing Streak
Fed and Geopolitical Uncertainty Continue to Weigh on Sentiment
Early Gains Evaporate as Stocks Slide in Final Hour
Stocks Lose Steam and Tumble into the Close
Stocks Plummet to Start the New Week