Stock Groups

5 things to know before the stock market opens Tuesday, February 15

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These are the top news, trends, and analyses that traders need in order to get started with trading.

1. The Russian withdrawal of troops has prompted stock futures to rise

Traders on the floor at the NYSE. February 10, 2022.

Source: NYSE

Dow and S&P 500 futures jumpedAfter Russia announced that its troops were withdrawing from the Ukrainian border, more than 1% of Nasdaq futures rose on Tuesday. Bond prices dropped as stocks rose and bonds fell. pushing yields higher. The 10-year Treasury yieldTuesday’s inflation report by the government, which was released at 8:30 am. on Tuesday morning, saw the rate rise to 2.2%. ET.

2. After Monday’s spike, oil prices fell as a result of the apparent Ukraine crisis.

T-72B3 Russian Army’s Main Battle Tanks participate in a military drill at St. Petersburg, Russia on February 14th 2022.

Russian Defense Ministry | Anadolu Agency | Getty Images

U.S. oil pricesMeasured by West Texas IntermediateOn Tuesday, futures plunged more than 3% due to Russia’s apparent relaxation of its aggression toward Ukraine. In a statement, Igor Konashenkov, a spokesman for the Russian Ministry of Defense, said troops recently posted to Russia’s southern and western military districts — which border Ukraine — completed their drills and “have already begun loading onto rail and road transport and will begin moving to their military garrisons today.” WTI rose more than $95 per barrel Monday while tensions were high, marking its highest point since September 2014.

3. Intel invests $5.4 billion in specialty chipmaking

IntelOn Tuesday, a deal was announced to purchase Israeli chipmaker Tower SemiconductorTower traded at $53 per share or $5.4 Billion, an 60% premium to its Monday closing price. Tower shares traded in U.S. Premarket Trading were not at a similar premium. jumping more than 45%. Tower produces chips for many industries such as medical, automotive, and consumer. Intel shares rose 1.5% Tuesday in premarket, following a year of struggles for the stock.

4. Buffett’s Berkshire acquires Activision shares. It also adds to Chevron stake

Warren Buffett attending Berkshire Hathaway’s annual Los Angeles meeting. May 1, 2021.

Gerard Miller | CNBC

Warren Buffett’s Berkshire HathawayShares worth approximately $1 billion were purchased in Activision BlizzardIn the fourth quarter according to a regulatory filingJumping in is a good idea. MicrosoftVideo game publisher Berkshire agreed to purchase it for $68.7 Billion. Berkshire could make a substantial profit if the deal is completed. Berkshire is also a potential buyer. increasedThe position of the company in ChevronThe fourth quarter saw an increase of more than 30% BuffettChevron’s first purchase at 2020 was made. It was widely regarded as an investment in classic values and a wager on the economy rebounding.

5. Tesla bear David Einhorn makes new bet against automaker

David Einhorn speaks at the 24th Annual Sohn Investment Conference, New York on May 6, 2019.

CNBC| CNBC

David Einhorn of Greenlight Capital, who is known for his history betting against. Tesla, disclosed a newYou can wager against the Elon MuskA battery-powered electric carmaker. The fourth quarter regulatory filing shows that the manager of the hedge fund was listed as “The Manager”. was long putsFor 100,000 Tesla shares with an estimated value of $106 Million. Puts are a way for investors to make money when the prices of the underlying securities drop. Greenlight may have been able to exit the position during the first quarter. Einhorn used to be one of Wall Street’s most vocal Tesla bears.

— Reuters contributed to this report. Sign up now for the CNBC Investing Club to follow Jim Cramer’s every stock move. You can follow the market like a professional. CNBC Pro.

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