Good evening.
Stocks and crypto bounce, tensions between Ukraine and Russia ease, and the February market rollercoaster continues.
Let's dive in.
Markets
Here are today's market moves:
What Happened?
U.S. stocks climbed on Tuesday as Ukraine-Russia tensions appeared to ease.
Russia said it pulled back some troops from the Ukrainian border, but President Biden said an invasion is still 'distinctly possible.'
A potential Russian invasion of Ukraine adds to the headwinds investors were already facing to start the year from higher interest rates.
The combination of geopolitical tensions and economic news could contribute to further volatility in the weeks ahead.
The crypto market climbed on Tuesday, with Bitcoin trading near $44k and Ether near $3.2k, as cryptocurrencies followed stocks higher.
Catch Up
Microsoft said many U.S. employees have to be back at its offices starting Feb. 28 as Covid case numbers drop.
Elon Musk donated over $5.7 billion in Tesla shares to charity in November.
The New York Stock Exchange (NYSE) files a metaverse trademark for trading NFTs.