Posted on 02/23/2022 9:48:41 PM PST by DoodleBob
Investors rushed for safety, pushing down stocks and lifting the prices of oil, gold and government bonds, after Russia launched a military operation in Ukraine and a Ukrainian official said, “The invasion has begun.”
By early afternoon Thursday in Hong Kong, futures tied to the S&P 500, Nasdaq-100 and Dow Jones Industrial Average all stood more than 2% lower. Regional stock indexes also fell sharply, with Hong Kong’s Hang Seng Index dropping more than 3%.
Brent crude oil, the global benchmark, topped $100 a barrel for the first time since 2014, with the front-month contract rising as much as 3.3% to $100.07. Prices for its U.S. equivalent, West Texas Intermediate, also gained.
Gold and U.S. Treasury bonds, which both typically rally in times of stress, rose in price. The yield on the benchmark 10-year U.S. Treasury note declined 0.095 percentage point to 1.882%, according to Tradeweb. Bond yields fall as prices rise.
The dollar strengthened, with the ICE U.S. Dollar index gaining 0.53% to 96.698, according to FactSet.
(Excerpt) Read more at wsj.com ...
Communist attacking Communist. I have no horse in this squabble...
Let’s Go Brandon!
†GREEN on the outside; RED on the inside!
Bidens name is all over this....while his family and friends laugh all the way to the bank. He’s got three years left to make his millions off his investments overseas.
Peace was breaking out everywhere under Trump.
Putin turns out to be a complete fool. He had what he wanted. Now Russia will suffer for the foreseeable future just as they suffered under communism. Russia has just entered a quagmire that will impoverish the Russian people and ruin their nation.
Yep
its OK - we’ve got windmills!
102 and climbing.
Joe pokes Putin, Putin attacks, Joe gets gasoline up where he wants it to be for ‘climate’ purposes and we peons pay the price.
Democrats fault Reagan.
They argue had Reagan helped the USSR stay together none of this would be happening.
Stolen elections have consequences.
So they do...but as Ayn Rand wrote, you can reject reality but you cannot reject the consequences of avoiding reality.
>They argue had Reagan helped the USSR stay together none of this would be happening.
Actually Reagan and Bush sr. wanted to keep the USSR intact because they knew it splitting up would cause all sorts of warfare amongst them
Ukraine is a corrupt shithole. The only people that care are the politicians laundering money there. Let it burn.
Stolen elections have consequences.
Something that wouldn’t be as detrimental for us in the US but for Biden’s energy policies.
Russia will reap the double benefits of this since Biden has cancelled and blocked our pipelines while approving Russia’s.
Wonder whom among our “dear leaders” in Congress and the * administration are going to make the biggest killings in the “roiled” markets.
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