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Before the Bell | Russian military operation in Ukraine roils markets

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Moomoo Breakfast US wrote a column · Feb 24, 2022 05:05
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:

- U.S. stock futures fell sharply early Thursday as Russia attacked Ukraine.

- Investors rushed for safety, pushing down stocks and lifting the prices of gold and government bonds. Oil topped $100 a barrel for the first time since 2014.
Market Snapshot
U.S. stock futures fell sharply early Thursday as Russia attacked Ukraine.
$Dow Jones Industrial Average (.DJI.US)$ futures fell 709 points, or 2.1%, while futures tied to the $S&P 500 Index (.SPX.US)$ were down 2%. $NASDAQ 100 Index (.NDX.US)$ futures declined 2.6%.
Source: Bloomberg
Source: Bloomberg
Market Temperature
Before the Bell | Russian military operation in Ukraine roils markets
Russian military operation in Ukraine roils markets
Investors rushed for safety, pushing down stocks and lifting the prices of gold and government bonds. Oil topped $100 a barrel for the first time since 2014.
Russia attacks Ukraine, drawing broad condemnation
Russian troops and tanks pushed into Ukraine and airstrikes hit the country's capital and more than a dozen other cities after President Vladimir Putin said he ordered a military operation to "demilitarize and de-Nazify Ukraine."
Attack sends oil prices above $100 a barrel for first time since 2014 crash
Brent crude futures surged after Russia launched military attacks on Ukraine, pushing tanks and troops into the country and hitting cities with airstrikes.
Russian troops stir global inflation concerns
The most visible effect is in Europe, where 10-year German bund yields rose this week.
Asian airline stocks sold off as oil prices surge
Asian airline stocks slumped as crude prices soared after Russia launched military attacks on Ukraine, with higher energy prices set to weigh on their profits while the pandemic situation remains uncertain.
Ford CEO says no plans to spin off ev business
At a virtual conference, Chief Executive Jim Farley cited the opportunity for both electric-vehicle and internal-combustion businesses to grow. $Ford Motor (F.US)$
Estée Lauder suspends executive after backlash over instagram post
The executive, John Demsey, oversees a portfolio of the cosmetics company's brands, including MAC and Clinique. $Estee Lauder (EL.US)$

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Before the Bell | Russian military operation in Ukraine roils markets
Before the Bell | Russian military operation in Ukraine roils markets
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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