Good evening.
Market volatility continues, Bitcoin surges amid geopolitical tensions, and the Russian economy is collapsing.
Let's dive in.
Markets
Here are today's market moves:
What Happened?
U.S. stocks were mixed on Monday as the crisis in Ukraine continued to stoke turbulence across global markets.
Despite big swings in the past week, U.S. markets have remained relatively insulated from the turmoil spreading through the Russian economy.
Heightened geopolitical tensions could mean the Fed won't act as aggressively to raise rates, which would be good for markets.
The crypto market climbed on Monday, with Bitcoin trading near $43k, amid increased demand from Russian and Ukrainian buyers.
Catch Up
Putin puts nuclear deterrent forces on 'high alert' amid spiraling tensions over Ukraine.
The Russian ruble crashed to a record low against the US dollar on Monday.
President Joe Biden will deliver his first State of the Union address tomorrow evening.