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Markets Higher; Putin Pledges Against Further Ukraine Incursion

August 20, 2023
in Trade Tube
Reading Time: 1 min read
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Markets closed higher after assurances from Russian President Vladimir Putin the nation would not make further incursions into Ukraine after the weekend’s Crimea vote. Domestic housing starts data was little changed, with no variation expected to the Fed Reserve’s tapering plans tomorrow. Rather, all eyes will be to forward guidance from new Fed Chair Janet Yellen. The Nasdaq and tech sector performed strongly Tuesday, indicating risk sentiment holds fast. Jane Searle reports from the NYSE.

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