President Donald Trump's meeting with Ukraine's President Volodymyr Zelenskyj escalated. Both Trump and Vice President JD Vance accused Zelenskyj of not being "grateful" for the USA's support to Ukraine.
You're gambling with a third world war. If you don't agree to a deal, we'll pull out, Trump said, among other things.
The exchange of words caused the New York Stock Exchange to fall from green to red. However, the indexes recovered later.
Both the technology-heavy Nasdaq composite index and the broad S&P 500 climbed 1.6 percent, while the Dow Jones industrial index rose 1.4 percent.
The temporary market fluctuation is interpreted as an increased concern for geopolitical risks on the market.
I'm disturbed by what I just saw. If foreign policy now is about strengthening Russia and Vladimir Putin, I don't think that's good for the stock market. I don't think that's good for the global economy, said Jim Lebenthal, investor at Cerity Partners, about Trump's behavior in the White House, to CNBC.
In summary, it was a gloomy month on Wall Street. The S&P 500 fell a total of 1.4 percent in February, the Dow Jones lost 1.6 percent, and the Nasdaq a whole 4.0 percent.
