Market news
25.03.2022, 03:01

Ukraine to US: Need 500 Javelins and 500 Stingers per day – CNN

Beefing up its wishlist of military assistance from the US government, Ukraine has now asked for hundreds more anti-aircraft and anti-tank missiles than previously requested, CNN reports on Friday, citing an unnamed source with knowledge of both requests.

Additional takeaways

“The Ukrainians have submitted similar lists in recent weeks but a recent request provided to US lawmakers appears to reflect a growing need for American-made Stinger anti-aircraft missiles and Javelin anti-tank missiles -- with Ukraine saying it urgently needs 500 of each, daily.”

“In both cases, Ukraine is asking for hundreds more missiles than were included in a similar list recently provided to US lawmakers.”

Market reaction

Amidst prolonging Russia-Ukraine conflict and stronger NATO response to Russia, the market mood remains damp, reflective of negative Asian stocks. The S&P 500 futures are trading little changed on the day, around 4,520.

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