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The Key Prices to Watch as Russia-Ukraine Negotiations Begin

by | Feb 28, 2022 | Market Updates

The conflict between Russia and Ukraine is the major driving force of stocks right now — and more in Monday’s stock market recap.

The major indices are set to open lower this morning, and virtually everything will be overshadowed by what happens between Russia and Ukraine. 

Meanwhile, the Department of the Treasury announced new sanctions against Russia that could immobilize any assets of the Russian central bank in the U.S. Western nations also blocked some Russian banks from the global payments system, which caused the ruble to plunge to a record low of less than one U.S. penny. 

What all this means is that if Russians have money outside of the country itself, aye yai yai… no soup for them!

We also have a lot of Federal Reserve data as well as International Trade in Goods, the latest ISM manufacturing activity, jobless claims and the employment situation. 

The other biggest rhythm to this week will be prices… business to business and business to consumer prices. 

In this morning’s stock market recap video, we’ll discuss the latest news between Russia and Ukraine… the key price levels to watch… and all of this week’s most important data and reports. 

Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to! 

P.S. To Put It Simply, It’s Chaos

The markets are in a free fall and many investors are struggling with where to move their money. 

And while we go about our day with heavy hearts, it’s important to remember that behind most setbacks come new opportunities. 

I’m watching six different stocks listed in my new report that will come out on top after the crisis. 

And at 1 p.m. EST on Tuesday, March 1, I’ll show everyone how to put these six stocks to use and take advantage of this major pullback we’re in. 

RSVP Tuesday’s Event and Get This FREE Report 

Stock Market Recap: By the Numbers

This morning’s stock market futures recap: 

DOW (mini)

  • Close: 34,058.75.
  • Futures: 33,526.
  • Change: -468.

S&P 500 (mini)

  • Close: 4,384.65.
  • Futures: 4,315.5.
  • Change: -64.5.

NASDAQ (mini)

  • Close: 14,189.16.
  • Futures: 13,999.75.
  • Change: -182.75.

RUSSELL (mini)

  • Close: 2,0404.93.
  • Futures: 2,011.7.
  • Change: -27.3.

Note: Updated as of 9 a.m. 

To kick off the week, each Monday video will outline my weekly outlook and any actionable announcements, news or catalysts I’m watching. I’ll also outline exactly which opportunities I expect to unfold in the coming five trading days, so check out this short video for more information!

Need help understanding some basics that we discuss frequently? Check out some of our educational pieces to help get yourself up to speed! Have a question or a topic you’d like us to explain in a future article? Send your thoughts to support@marketgeeks.com

Check back each morning for Roger’s Radar and the most important news and numbers in the WealthPress stock market recap.

WRITTEN BY<br>Roger Scott

Roger Scott

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