First, let's look at the trading situation of US stocks. Before 2:30 AM today, after a significant gap down, the Dow Jones Industrial Average was in low horizontal consolidation with a decline of around 2%. However, after that time, the Dow began to rise during the session, and by the close, the Dow had turned positive, rising by 92 points. The strongest among them was the Nasdaq Index, which started its trading trend stronger than the Dow. At 2:30, the Nasdaq had recovered from a 3.45% decline at the opening to almost flat, then continued to climb, closing with a surge of 3.45%. This trend formed a completely opposite reversal effect compared to the European market.
After all, looking at yesterday's US stock futures index, the evening trading was worrisome, but the actual situation came as a surprise. The US stock market was much stronger than the other global markets. I believe it's only natural that major European markets stabilized today, and the A-shares also have no reason to be affected by the tense situation between Ukraine and Russia. So why did the US stock market suddenly reverse significantly?
I think two points are very important:
The first, Biden's speech after 1:30 a.m. today was very important, announcing a freeze on all Russian assets in the USA and imposing stricter sanctions on Russia to weaken Russia's competitiveness in the high-tech economy of the 21st century. In fact, this is something that Russia should have anticipated earlier. It seems that as long as the USA does not get involved in the conflict in Ukraine, it will not create much turbulence. As for economic sanctions, they can be gradually discussed with time...