Dow, S&P slide, Nasdaq ends flat as oil hits $95 per barrel

U.S. stocks ended mixed on Monday in what was a choppy trading session amid ongoing tensions between Russia and Ukraine. 

"We are in the process of temporarily relocating our Embassy operations in Ukraine from our Embassy in Kyiv to Lviv due to the dramatic acceleration in the buildup of Russian forces" said Secretary of State Anthony Blinken.

The Dow Jones Industrial Average recovered from a nearly 400 point drop to close down 172 points or 0.5%. The S&P 500 fell 0.5%, while the Nasdaq Composite ended flat.  

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	44296.51	+426.16	+0.97%
SP500	S&P 500	5969.34	+20.63	+0.35%
I:COMP	NASDAQ COMPOSITE INDEX	19003.651134	+31.23	+0.16%

U.S. crude rose to $95.46 per barrel, with Brent, the global benchmark, was slightly higher at $96.48.

Ticker	Security	Last	Change	Change %
USO	UNITED STATES OIL FUND - USD ACC	74.25	+1.05	+1.43%
BNO	UNITED STATES BRENT OIL FUND - USD ACC	29.82	+0.25	+0.85%

Elsewhere, James Bullard, president of the St. Louis Federal Reserve Bank, reiterated a call for a full-percentage-point rate hike by July. The 10-year Treasury yield returned to 2%. 

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In corporate news, Splunk shares closed higher on reports the data cloud company could be purchased by Cisco Systems, according to Credit Suisse. Cisco is also set to report earnings on Wednesday. 

Ticker	Security	Last	Change	Change %
SPLK	NO DATA AVAILABLE	-	-	-
CSCO	CISCO SYSTEMS INC.	58.55	+0.99	+1.72%

While fellow Dow member Walmart will report on Thursday. 

Ticker	Security	Last	Change	Change %
WMT	WALMART INC.	90.44	+2.04	+2.31%

Lockheed Martin scrapped its $4.4 billion deal to buy Aerojet Rocketdyne citing opposition from the Federal Trade Commission as Lockheed Martin Chairman, President and CEO James Taiclet voiced his disappointment. 

"Our planned acquisition of Aerojet Rocketdyne would have benefitted the entire industry through greater efficiency, speed, and significant cost reductions for the U.S. government," he said in a statement. 

Ticker	Security	Last	Change	Change %
LMT	LOCKHEED MARTIN CORP.	542.22	+0.21	+0.04%
AJRD	NO DATA AVAILABLE	-	-	-

SoFi shares gave up gains after Bank of America initiated coverage of the fintech company with a buy rating and a $17 price target. 

Ticker	Security	Last	Change	Change %
SOFI	SOFI TECHNOLOGIES	15.60	+0.59	+3.93%

Rivian moved higher after Soros Management disclosed a new stake of nearly 20 million shares. 

Ticker	Security	Last	Change	Change %
RIVN	RIVIAN AUTOMOTIVE INC.	10.24	+0.22	+2.20%

Other names to watch this week on the earnings front include mass media and entertainment company ViacomCBS, graphics chipmaker Nvidia, online lodging marketplace Airbnb, food processor Kraft Heinz and agricultural machinery maker Deere, to name a few.

Ticker	Security	Last	Change	Change %
VIAB	NO DATA AVAILABLE	-	-	-
NVDA	NVIDIA CORP.	141.95	-4.72	-3.22%
HNZ	NO DATA AVAILABLE	-	-	-
DE	DEERE & CO.	446.73	+9.31	+2.13%
KHC	THE KRAFT HEINZ CO.	31.81	+0.72	+2.32%

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The Bank of Japan made an offer for unlimited government bond purchases on Monday, moving to curb a surge in long-term interest rates. Japan’s central bank set the interest rate for purchasing 10-year government bonds at 0.25%. The offer drew no bids but still had the effect of lowering interest rates and likely reassured investors of continued support for the markets.

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In cryptocurrencies, Bitcoin slipped to the $42,000 level.

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The Associated Press contributed to this report.