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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (53690)	3/6/2022 10:56:12 PM
From: Sun Tzu	2 Recommendations Recommended By ajtj99 Lou Weed Respond to of 97377

S&P Dow Jones is removing Russia stocks from indexes, stripping country of emerging market status PUBLISHED FRI, MAR 4 20221:51 PM ESTUPDATED FRI, MAR 4 20226:36 PM EST Index giant S&P Dow Jones Indices said Friday it is removing all stocks listed and/or domiciled in Russia from its benchmarks in light of the country’s invasion of Ukraine, further isolating the nation from the global economy. The removal, effective before the open next Wednesday, also affects Russian American depositary receipts (ADRs), S&P Dow Jones Indices said. The firm, which is the keeper of the Dow Jones Industrial Average and the S&P 500, also said it will declassify Russia as an emerging market and categorize it as a standalone group. The move came as Russian forces attacked Europe’s largest nuclear power plant in Ukraine early Friday morning, causing a fire to break out at an adjacent training facility. The U.S. Embassy in Kyiv called the attack a war crime. Earlier Friday, the NYSE halted trading in three Russian ETFs — Franklin FTSE Russia ETF (FLRU), iShares MSCI Russia ETF (ERUS) and Direxion Daily Russia Bull 2X Shares (RUSL). The exchange cited “regulatory concerns” for these halts. Exchange-traded funds tracking Russian stocks have been in a tailspin since the geopolitical tensions escalated. The iShares MSCI Russia ETF tumbled 33.4% for its worst day Tuesday since the fund’s inception in 2010, and after losing 27.9% on Monday. Meanwhile, shares of the VanEck Russia ETF ended February down 54.9%, closing out its worst month ever.

To: Sun Tzu who wrote (53690)	3/7/2022 2:43:08 PM
From: Sun Tzu	2 Recommendations Recommended By ajtj99 Lou Weed Read Replies (1) \| Respond to of 97377

Levi Strauss, a symbol of freedom in the Soviet era, suspends sales in Russia amid Ukraine war PUBLISHED MON, MAR 7 202210:43 AM ESTUPDATED 3 HOURS AGO KEY POINTS Levi Strauss announced Monday it will suspend sales in Russia in response to the country’s invasion of Ukraine. The apparel company will also donate more than $300,000 to nonprofit organizations aiding Eastern European refugees. Levi’s blue jeans were a symbol of freedom and Western capitalist promise during Russia’s Soviet days.