Following the fall in Asian markets on Tuesday, European stocks rebounded slightly.
Meanwhile, US stocks soared dramatically as investors tried to understand many issues, from geopolitical tensions to the next Fed meeting. In the profit season. Continuing concerns about inflation continue.
At the worst of the session, the market had its worst day since October 2020, with the Dow dropping more than 1,000 points.
Lots of digestion
Investors are thinking a lot this week.
Traders are worried and watching the situation in Ukraine as Ukraine is at increased risk of being invaded by Russia.
According to Michael Hewson, chief market analyst at CMC Markets, the news that the United States and the United Kingdom have withdrawn some staff from local embassies has led to concerns about the worsening situation.
In the United States, Oanda’s senior market analyst in the Americas, Edward Moya, said, “Equities sought to recover from a major liquidation on Monday resulting from aggressive federal tightening and growing concerns over Russia’s invasion of Ukraine. “.
“Uncertainty about the collaborative efforts of Russia and Ukraine and China and Taiwan could lead to risk aversion sales in the coming weeks,” he said in a report to customers on Monday.
Brent crude, the global benchmark, rose 0.7% on Tuesday to $ 86.89 a barrel.
Then there will be a Fed meeting, ending with a policy statement on Wednesday and a subsequent press conference.
— CNN Business’s Anneken Tappe, Julia Horowitz, and Charles Riley contributed to this report.