The market looks to lock in a monthly gain for March after a two-week win streak — and more in Monday’s stock market recap.
The major indices were flat in premarket trading on Monday, which was a good sign considering that for the past several weeks, Monday and Friday have been down days for the market.
Volatility has ticked slightly higher, but is overall still moving lower toward the 20 level. If the CBOE Volatility Index falls below 20, it means the markets are out of the so-called “zone of fear.”
The biggest economic report we’ll be watching this week is Wednesday’s gross domestic product data, which will tell us how much the U.S. economy has grown, especially in light of the war.
Speaking of the war, Russia and Ukraine are set to travel to Turkey this week to continue their talks in an attempt to bring an end to the conflict.
In other news, U.S. and International oil prices fell 5% on the expectation of weaker demand as China launched a two-stage lockdown in Shanghai to contain the country’s worst COVID-19 outbreak yet.
In this morning’s stock market recap video, you'll learn why the market is trading at a key level… whether fear is increasing or decreasing… the major Federal Reserve announcement this week and what to expect… price levels and in-depth analysis for major sectors… plus two earnings reports you need to pay close attention to this week.
The No. 1 Sector as Market Rises Ahead of NATO Meetings
March 22, 2022
In Thursday’s stock market recap, stock futures rose following the market’s worst session in weeks as NATO discusses ways to add further pressure to Russia.
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