The stock market had a mixed day today, with the Dow Jones Industrial Average (DJIA) rising 0.39%, while the Nasdaq Composite index decreased by 68.56 points. The FTSE 100 index had a net variation of 3.49, and the CAC 40 index ended the day at 9,345.03 points.
The United States sent a strong message to Ukraine on Tuesday when President Joe Biden made a surprise visit to the Eastern European nation. The visit, which lasted less than a day, was seen as a show of support for Ukraine amid the simmering conflict with Russia.
Biden met with President Volodymyr Zelenskyy and reportedly discussed measures to strengthen Ukraine’s security and resolve the ongoing crisis in the region. The two leaders also agreed to cooperate on economic reform and combating corruption.
Read Also: Asian (Nikkei -1.34%) and European (FTSE100 -0.99%) stocks fell after turbulent day for US markets.
The visit was seen as a reminder of Washington’s commitment to protecting Ukraine’s sovereignty and territorial integrity and standing up to Russian aggression. It also sent a message to Moscow that the U.S. is ready and willing to take decisive action if the situation worsens.
The surprise visit is likely to be welcomed by the Ukrainian people, who have been under immense pressure from Russian forces for years. It may also spark a new round of talks between the two countries and help to de-escalate the situation in the region. The visit also underscores the importance of strong U.S.-Ukraine ties and of the West’s support for Ukrainian sovereignty and independence.
Biden encouraged the nation to stay strong and affirmed the US’ support for Ukraine in the face of Russia’s invasion one year ago [2]. In his speech, Biden declared that “Kyiv stands” and announced a half-billion funds for shells for howitzers, anti-tank missiles, air surveillance radars, and other aid [2]. After his meeting with the Ukrainian President, Biden left Kyiv and returned to Poland [3].
Read Also: Markets Today: European stock markets dropped on Tuesday.
References:
[1] Biden declares ‘Kyiv stands’ in surprise visit to … – Yahoo News [2] Biden declares ‘Kyiv stands’ in surprise visit to Ukraine [3] Biden declares ‘Kyiv stands’ in surprise … – Central Oregon DailyNasdaq had a mixed day in the stock market today.
The Nasdaq Composite index, which tracks all of the stocks listed on the Nasdaq, opened at 11,855.83 and ended the day at 11,787.27, a decrease of 68.56 points or 0.58% [1]. This decrease was driven by news from various sectors, including technology, energy, and health care, as investors assessed the market outlook and took positions accordingly [2]. In terms of intraday trading, the index reached a high of 11,803.22 and a low of 11,673.21, with a current closing value of 11,787.27 [3].
References:
[1] Market Activity – Nasdaq [2] Nasdaq: Stock Market, Data Updates, Reports & News [3] NASDAQ Composite Index (COMP)S&P 500 Index (SPX:INDEX) down 11.32 or 0.28%
The S&P 500 Index (SPX:INDEX) closed on February 17, 2023 at 4,079.09, down 11.32 or 0.28% from its previous close of 4,090.41. [1] The day’s range was 4,047.95 – 4,081.51, and the 52 week range was 3,491.58 – 4,637.30. [2] The market index is currently valued at 37,121,190.12 USD and is higher than the Dow Jones (10,323,690.75 USD), Euro Stoxx 50 (4,189,576.46 USD), FTSE 100 (2,484,590.52 USD), and CAC 40 (2,467,593.43 USD). [3]
References:
[1] SPX: S&P 500 Index – Stock Price, Quote and News – CNBC [2] S&P 500 Index Overview – SPX – MarketWatch [3] S&P 500 INDEX TODAY | INX LIVE TICKER – Markets InsiderThe Dow Jones Industrial Average (DJIA) was up 0.39% today, closing at 33,826.69.
The DJIA made a 5 day change of -0.13%, a 1 month change of 1.35%, a 3 month change of 0.24%, and a YTD change of 2.05% [1]. Some of the biggest gainers today were DE (7.5%), BIO (6.0%), and OGN (4.6%), while the biggest losers were ALB (-9.7%), HES (-5.7%), HAL (-5.4%), and EOG (-5.4%) [1]. The S&P 500 also saw a decrease of -0.28%, while the Nasdaq dropped -0.58% and the VIX decreased by -0.74% [1]. The current stock prices can be found in real-time on CNBC, as well as a variety of other sources, including the Dow Jones Global Indexes [2], which provides comprehensive financial news, data, and trading information [3].
References:
[1] Dow Jones Industrial Average Overview – DJIA – MarketWatch [2] .DJI: Dow Jones Industrial Average – Stock Price, Quote and … [3] DJIA | Dow Jones Industrial Average Stock Prices and ChartsFTSE 100 had a net variation of 3.49
The FTSE 100 (Financial Times Stock Exchange) [1], the most important index in the UK and the leading index of the London Stock Exchange, had a net variation of 3.49 [2] on February 20, 2023. The day’s high and low were 8,017.91 and 7,995.46 respectively [2], with a previous close of 8,004.36 [2]. The index was launched on 3 January 1984 [2] and comprises of 100 constituents [2]. The open for the FTSE 100 index was 8,004.36 [3], the day range was 7,995.46 – 8,020.13 [3], and the 52 week range was 6,707.62 – 8,047.06 [3]. The index had a 5 day change of 0.84% [3] and a 1 month change of 2.95% [3].
References:
[1] FTSE 100 INDEX TODAY | LIVE TICKER – Markets Insider [2] FTSE 100 FTSE overview – London Stock Exchange [3] UKX | FTSE 100 Index Overview – MarketWatchThe CAC 40 index ended trading today at 9,345.03.
Stocks CAC 40 had Vivendi, trading at 9.88, up 0.78%, and Worldline at 41.11, down 1.79%. Intraday price had a range of 7,345.03 to 7,346.32, as reported by CNBC [3]. Despite the closing price being lower than the opening price, investors remain hopeful that the CAC 40 will continue to make gains in the near future.
References:
[1] CAC 40 INDEX TODAY | PX1 LIVE TICKER – Markets Insider [2] CAC 40 [3] FCHI: CAC 40 Index – Stock Price, Quote and NewsThe DAX Index rose on Monday, Feb. 20, 2023, with a gain of 1.10% and closed at 953.61.
The DAX is composed of the 40 largest German companies with the highest market capitalization and stock market turnover, as cited in [2] and [3]. On Tuesday, Feb. 21, 2023, the DAX continued its positive trend, closing the week with more gains.
References:
[1] DAX Overview – MarketWatch [2] DAX INDEX TODAY | LIVE TICKER | DAX QUOTE & CHART [3] Deutsche Boerse AG German Stock Index DAXNikkei 225 Index closing at 28,914.22 points
The Nikkei 225 Index (.N225:Nihon Keizai Shinbun) experienced a moderate trading session today, closing at 28,914.22 points [1]. This marked a slight increase of 0.09% compared to the previous day’s close, a sign that investors remain optimistic about the short-term outlook of the Japanese stock market [2]. The index was initially published in 1949 and has since become a benchmark for the Japanese economy, tracking the performance of 225 of the most actively traded stocks in Tokyo [3].
References:
[1] N225: Nikkei 225 Index – Stock Price, Quote and News [2] N225: Nikkei 225 Index – Stock Price, Quote and News [3] NIKKEI 225 INDEX TODAY | LIVE TICKER – Markets Insider
