Financial markets have often been volatile since Russia invaded Ukraine in February 2022, which caused ruptures in markets and through global finance as banks and investors rushed to unwind exposure. After Saturday's events, some investors said they were focused on the potential impact to safe-haven assets such as U.S. Treasuries and on commodities prices, as Russia is a major energy supplier. Goldberg said that despite the de-escalation, "investors may remain nervous about subsequent instability, and could remain cautious." “Markets typically do not respond well to events that are unfolding and are uncertain,” particularly relating to Putin and Russia, said Quincy Krosby, chief global strategist at LPL Financial. Year-to-date the S&P 500 (.SPX) is up 13%, although it has lost steam in recent days with interest rates in focus.

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Persons: Yevgeny Prigozhin, Vladimir Putin, Wagner, Gennadiy Goldberg, Goldberg, Putin, Quincy Krosby, ” Krosby, Alastair Winter, Stocks, Jerome Powell, Rich Steinberg, Lananh Nguyen, Sinead Cruise, Megan Davies, David Gregorio Our Organizations: Financial, TD Securities, LPL, Global Investment, U.S, Federal, Colony Group, Thomson Locations: Russia, Russian, Moscow, Rostov, Ukraine, New York, Washington, Argyll Europe, Boca Raton , Florida