A big rebound across Wall Street. Moscow agreed to talks with Ukrainian leadership, and investors continued to buy the dip across the markets.
The Dow has its best day since late 2020 up 834 points or 2.5% to 34,058.
The Nasdaq also rebounded up 221 points.
The S&P gained over 2% up 95 points to finish the week.
It seems investors jumped right back into risky assets today, things like quickly growing companies to crypto. Today’s big gains cap what has been a very turbulent week for the market.
Does this inflation feel like the 80’s again? The Commerce Department just released a key inflation guage, it hit 6.1 percent in January that’s the highest level since 1982. It’s just
more evidence things cost more and could get worse with Russia’s invasion of Ukraine.
Foot Locker fell 30% after Nike said it’ll start selling more of its products through its *own shops and websites.
Cinemark reported earnings that beat forecasts but its shares were down 1% today.
Dell shares fell 7% after telling investors supply chain issues will continue to limits its ability to meet demand.