U.S. sanctions against Russia are not new

2022-02-24T19:58:43.552Z

Russia's sudden march into Ukraine has reversed the financial market, and oil, gold, stocks and commodities have all changed. The Dow fell by more than 800 points in the early part of the US stock market. After the US announced a new round of sanctions, the decline was greatly reduced, and the benchmark and the Nasdaq fell even further

Russia's sudden march into Ukraine has reversed the financial market, and oil, gold, stocks and commodities have all changed.

The Dow fell by more than 800 points in the early part of the US stock market. After the US announced a new round of sanctions, the decline was greatly reduced, and the benchmark and the Nasdaq fell even higher.

[03:40] The benchmark index, the Nasdaq rose and the Dow fell narrowly

U.S. President Joe Biden announced a new round of sanctions against Russia, similar in intensity to those in the past, with no apparent escalation, and the stock market rebounded significantly.

The Dow fell 215 points, or 0.65%, to 32,916 points; the Nasdaq rose 248 points, or 1.9%, to 13,285 points; the S&P rose 13 points, or 0.32%, to 4,238 points.

[00:45] The Dow fell more than 700 points again

The Dow fell 707 points, or 2.14%, to 32,424 points; the Nasdaq fell 63 points, or 0.48%, to 12,974 points; the benchmark index fell 55 points, or 1.32%, to 4,169 points.

[00:20] The Dow's decline narrowed to nearly 500 points and the Nasdaq rose

The Dow fell 515 points, or 1.56%, to 32,616 points; the Nasdaq rose 28 points, or 0.22%, to 13,065 points; the benchmark index fell 28 points, or 0.67%, to 4,197 points.

[23:05] US stocks fell more than 2%

The decline of US stocks has not deepened yet. The Dow fell 769 points, or 2.29%, to 32,373 points; the Nasdaq fell 225 points, or 1.73%, to 12,812 points; the benchmark index fell 78 points, or 1.87%, to 4,146 points.

Alibaba's U.S. shares were down 3 percent at $106.34.

The Hang Seng Index is now at 22,642 points at night, down 248 points, 260 points lower than water.

[22:32] US stocks opened more than 2% lower

The three major U.S. stock indexes collectively opened lower, with the Dow down 810 points or 2.45% to 32,321 points; the Nasdaq down 382 points or 2.94% to 12,654 points; the benchmark index fell 102 points or 2.43% to 4,122 points.

Alibaba's U.S. stock market fell more than 8 percent at the open to as low as $100.07.

Russia's RTS index is now down 40.5%.

Brent oil futures were now at $103.27, up 6.64%.

[22:07] European stocks continue to fall

European stocks continued to fall, with the Stoxx Europe 50 down 4.48%, Germany's DAX30 down 5.01%, and the UK's FTSE 100 down 3.11%.

Russia's RTS index is now down nearly 38%.

【21:33】HSI Night 383 Points Low Water

The Hang Seng Index is now at 22,519 points at night, down 371 points and 383 points lower than water.

Alibaba's third-quarter adjusted net profit fell 25%. Although it was better than expected, Alibaba's US stock still fell about 8.5% before the market to $100.8.

【19:59】HSI Night 275 Points Low Water

The Hang Seng Index is now at 22,627 points at night, down 263 points, and 275 points lower than water.

[18:27] The US dollar index rose above 97

The dollar index rose above the 97 mark, up nearly 1% on the day.

Dah Sing Bank's Economic Research and Investment Strategy Department commented on "the impact of the latest situation in Ukraine on the market", pointing out that Russia launched an airstrike on Ukraine, and the risk aversion atmosphere in the market quickly heated up.

Since Russia and Ukraine are both large countries with natural resources, if the situation deteriorates or increases the pressure on the global economic recovery, the short-term market volatility is expected to continue to be high, and funds may flow to safe-haven assets. Investors should continue to maintain a balanced and diversified investment.

【16:36】Russia's RTS index fell narrowly

Russia's RTS index fell to less than 30%, and is now down 26.79%.

【17:27】Bitcoin loses 8%

The financial situation heated up, but Bitcoin failed to deliver its safe-haven function and fell about 8% to $35,725, nearly half its value from its November high.

On the other hand, spot gold was reported at $1,946.82, up 1.98%.

Regarding the latest developments in Ukraine, EFG Bank assessed that geopolitical events generally will not affect the market in the long run, and energy prices will continue to be high, but will not affect the economic recovery.

[16:47] Japan may release national oil reserves

Japan is considering joining the United States in releasing its national oil reserves in response to the unrest in Ukraine, Kyodo news agency reported.

Brent crude was trading at $99.72 a barrel, up 6%.

【16:36】Russian RTS index halved

Russia's RTS index fell to 48.98%, while Russia's MOEX index fell 45%.

【16:20】Russian RTS index fell by 40%

After the Russian stock market reopened, the Russian RTS index fell to 40% on the day, while the Russian MOEX index fell 36.4%.

[16:12] US futures fell sharply

U.S. stock index futures continued to fall, with the Nasdaq down 3.15%, the benchmark index down 2.57%, and the Dow down 2.52%.

[16:09] European stocks fell more than 3%

European stocks collectively opened sharply lower, with the European Stoxx 50 down 3.48%, Germany's DAX30 down 3.68%, and the UK's FTSE 100 down 2.42%.