Russia-Ukraine Tensions Escalate, Energy Prices Rice, Retailers Report
Carl Quintanilla, Jim Cramer and David Faber began the show with a look at the market volatility amid rising tensions between Russia and Ukraine. The Dow dropped triple digits at the market open, on pace for its 4th straight day of losses. The ongoing conflict also sent energy prices higher with WTI Crude hovering around $93/barrel. Also in the mix: Home Depot and Macy’s both reported results before the opening bell. The pair of retailers topped earnings expectations, but the stocks moved in opposite directions; Home Depot dropped more than 5% while Macy’s shares surged.
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