By Hardika Singh Follow and Will Horner Updated March 1, 2022 5:31 pm ET
Bitcoin, gold rise; Treasury yields fall with safe-harbor assets in demand
U.S. stock indexes fell and bond yields slipped Tuesday while oil prices rose to multiyear highs, as Russia’s invasion of Ukraine continued to whipsaw through markets.
Stock markets have been battered in 2022, with the S&P 500 and Nasdaq both posting their worst two-month stretches since March 2020 to start the year. The war in Ukraine has further soured investors’ sentiment: Though only 1% of S&P 500 companies’ revenue stems from Russia and Ukraine, according to FactSet, investors are still worried about ripple effects on the global economy. The geopolitical crisis came as economies were already facing the highest inflation in decades, heaping pressure on central banks to raise interest rates.
https://www.wsj.com/articles/global-stocks-markets-dow-update-03-01-2022-11646124157?mod=e2tw
