Five things you must know

Feb 26, 2022

Russia steps up attacks, Sanctions pile up, Musk and the SEC, Bitcoin 

Russia sneeze!  And the stock appear to have caught the cold 

1. Stock futures fall as Russia launches 'Full Scale' Ukraine invasion

U.S. equity futures plunged lower Friday, following Thursday's sharp reversal as investors continued to take a risk-off stance related to Russia's invasion of Ukraine.

2. Countries around the world impose sanctions on Russia

The European Union, Japan, Australia, New Zealand and Taiwan all hit Moscow with new sanctions on Friday, condemning the military incursion that has unfolded over the past 24 hours.

3. Elon Musk and his brother reportedly facing SEC investigation

Kimbal Musk sold 88,500 shares one day before the Tesla CEO tweeted about the potential sales of his own.

4. Bitcoin and other cryptocurrencies rebound

Cryptocurrencies suffered the same fate as stocks following Russia's invasion of Ukraine, countering some supporters' claims that the bitcoin in particular is a safe haven in times of volatility.

5. CDC Expected to Loosen Mask Guidelines

The country is recording an average of about 76,000 new cases per day, a roughly 66 percent drop from two weeks ago.