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The Wrap: Volatility, Energy, Financials, Bonds, & Target (TGT) Up

Market sell-off steepened today with 10 out of 11 S&P 500 sectors closing negative. Geopolitics continue to have an impact on the stock market, which can be measured using the VIX (the fear index). Energy was the only positive sector as oil hits a new high of $106.78. Next, Scott Connor weighs in on Financials and U.S. Treasury Bonds. Big bank stocks include Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC). These stocks are finishing in the red today. On the other hand, Target (TGT) was up around 10% today after the earnings report. Finally, Connor discusses some economic data surprises.

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01 Mar 2022

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