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Stocks dropped on Friday afternoon, as gains made earlier in the day on hopes for diplomatic progress between Russia and Ukraine turned to losses. Technology stocks were hit particularly hard by higher bond yields. "We're seeing really dramatic moves, and it's all really tied to Ukraine right now, and in a secondary way, in terms of interest rates," Octavio Marenzi, CEO of Opimas, told Yahoo Finance Live on Thursday. "This war in Ukraine is going to give the Fed the ammunition, the cover that it needs, to not raise interest rates too quickly. And I think Jay Powell is a very tepid sort of inflation fighter and he's not going to do as much as he needs to do to get that under control. And this seems like an excuse to kick the can further down the road still and not do too much too soon." Anastasia Vlasova/Getty Images "The result is on this photo: fiery 'greetings' to the invaders," the Security Service of Ukraine wrote alongside a photo showing several military vehicles among plumes of black smoke. And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30.
𝗽۪ⱺׂ͢ꬻძׅⱺ̅𝗸 𝅄 𝘆ׅ͠ᧉ𝗃ι۫ from jp

𝗽۪ⱺׂ͢ꬻძׅⱺ̅𝗸 𝅄 𝘆ׅ͠ᧉ𝗃ι۫𝐎𝐅𝐂 𝐂𝐇 𝐏𝐎𝐍𝐃𝐎𝐊 𝐘𝐄𝐉𝐈

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