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The Wrap: Geopolitics & Volatility, Energy / Defense Stocks, Eco Data

Nasdaq-100 and the Russell 2000 rally to close positive. The current geopolitical tensions of Russia invading Ukraine are impacting the markets. Scott Connor says that the VIX can be used to monitor market volatility. Also, which stocks made the biggest moves today? Connor weighs in on energy as the sector rallies by 2.5% due to the pressure on oil and gas prices. Also, stocks, such as Boeing (BA), Lockheed Martin (LMT), General Dynamics (GD), and Raytheon (RTX) finished positive today as Germany boosts defense spending. Finally, the Chicago PMI data disappoints with the index not meeting the estimate. Tune in for the full discussion.

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28 Feb 2022

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