Latest News: Russia accelerated the attack on Ukraine and western forces imposed stricter sanctions on Moscow but the markets afetr reeling under days of losses unexpectedly saw a recovery on Wall Street. Here are the top news headlines that markets are reading.
- Wall Street sees overnight recovery, S&P 500 closes 1.5% higher after sharp reversal
- Tech stocks rallied as bets of a Fed rate hike were put off after Russia attacked Ukraine
- Latest from Ukraine: Ukrainian President Volodymyr Zelenskyy said 137 people have been killed after Russia launched a full-scale invasion in Ukraine
- Sanctiongs galore: White House unveiled measures to isolate Russia from the global financial, tech and trade system. UK urged to cut Moscow from SWIFT
- US Secretary of State Antony Blinken said that he is “convinced” Moscow is going to try to overthrow the Ukrainian government.