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The Wrap: Mixed Consumer Markets, Crude Oil Volatility, & Eco Data

Commodity volatility continues. Crude Oil hits a new 13-year high before falling as the Russia-Ukraine conflict weighs on the energy sector. The S&P 500 Index, Dow Jones Industrial Average, Nasdaq-100, and Russell 2000 finished the day in the red. Scott Connor weighs in on the VIX or the Fear Index from a short-term and a long-term perspective. Also, the consumer sectors were mixed today with Kroger (KR) finishing up the day over 11% and hit a new all-time high. On the other hand, Amazon (AMZN) and Tesla (TSLA) stock prices closed lower. Finally, Connor discusses the Jobless Claims data, Factory Orders data, and the ISM Services Index.

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03 Mar 2022

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