Stock Market Today: Energy Soars as Russia-Ukraine Volatility Resumes
American stock markets were volatile again Monday as investors processed a laundry list of new developments in Russia's invasion of Ukraine.
Among those events: The U.S. and European nations have largely coalesced around the Ukrainian cause, providing varying military aid as well as isolating Russia through numerous new sanctions, including banning some Russian banks from using the SWIFT system that enables financial firms to settle cross-border transactions.
Also, as we mentioned in our , these efforts extended, -5.0%) said it would exit a nearly 20% stake in Russian oil giant Rosneft, and on Monday, Shell (, -3.4%) announced it would exit all Russian operations, including a liquefied natural gas plant part-owned by Russia's Gazprom.
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