It was a crazy week in the global markets that saw safe haven assets rally on escalating Russia-Ukraine tensions, with gold surging from $2,580 to $2,670 and oil climbing toward $70.40. Bitcoin stole the show, though, as the crypto king approaching the $100,000 mark on strong ETF adoption.
Despite geopolitical jitters and Target’s earnings disappointment, U.S. equities demonstrated resilience with the S&P 500 grinding higher, supported by Tesla’s early-week surge and small-cap strength while bond yields traced a volatile path as traders digested less dovish Fed comments and strong economic data.
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