Reply To: Traders Market Weekly: Only a Sheep Lets Himself be Sheared


Key factors driving the futures market:

Russia and Ukraine report progress in their talks
Oil prices drop on hope of potential ceasefire agreement
Treasury yields rising as inflation concerns, and rate-hike concerns, persist
China dealing with COVID outbreak, puts Shenzhen, a major technology hub, in lockdown mode until March 20, creating more worries about supply chain constraints
Russia threatening to seize assets of U.S. companies halting/closing business there
FOMC meeting on Wednesday; Fed is expected to raise the target range for the fed funds rate by 25 basis points

Berkshire Hathaway (BRK.B) continues to add to Occidental Petroleum (OXY) stake
Foxconn, an Apple (AAPL) supplier, suspends operations in Shenzhen
Chinese stocks continue to unravel on concerns about possible de-listing in U.S.
Pfizer (PFE) CEO says fourth coronavirus vaccine will be necessary, according to CBS News
Uber (UBER) adding fuel surcharge on each trip or Uber Eats order