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.
03 Mar 2022