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Stocks Recover from Losses as Investors Await Information on Ukraine, Global Economy

Stocks Recover from Losses as Investors Await Information on Ukraine, Economy (Bloomberg)

After enduring a decline early today, stocks rebounded to finish the day with an overall gain. Investors still are watching both Ukraine and the global economy closely for any activity which could trigger more substantial buying or selling. “We saw a pretty healthy sell-off based on China slowdown fears and potential Russian expansion,” Walter “Bucky” Hellwig, at BB&T Wealth Management in Birmingham, Alabama, said. “The concerns of what’s going on are still on the minds of investors and they’re putting money into safe haven assets like U.S. Treasuries and gold. On the other hand, we’re seeing stocks aren’t completely out of the picture.”

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