Markets in the US and Asia are showing surprising resilience

The New York Stock Exchange

The US markets have recovered slightly.

(Photo: AP)

new York The American markets have once again surprised with their optimism. As of Sunday night, it looked as if severe turmoil would ensue due to unprecedented financial sanctions against Russia. But the situation calmed down quickly – at least for the time being. “It’s very difficult to predict how long this situation will last,” said former Federal Reserve Chairman Bill Dudley.

However, further changes are on the horizon. The US stock exchanges Nyse and Nasdaq have stopped trading in several Russian companies after the latest round of sanctions in the Ukraine conflict. The websites of the stock exchanges initially only referred to general regulatory backgrounds. The Nasdaq said that the consequences of the sanctions for the affected companies would be examined. Nyse declined to comment when asked.

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