US President Biden and Secretary of State Antony Blinken believe a Russian invasion of Ukraine could happen in a matter of days. The news rattled investors, sending the Dow down 622 points, or 1.8%, Thursday. It was the worst day of the year for the index.
Stocks dropped right at the opening bell in the morning and remained in the red throughout the trading session. The Dow is down more than 1% for the week following Thursday's losses.'use strict';CNN.Videx=CNN.Videx || {};CNN.Videx.mobile={};CNN.INJECTOR.executeFeature.then {CNN.VideoPlayer.
Biden: My sense is Russia will invade over next several days 01:23The S&P 500 fell 2.1% Thursday and the Nasdaq was down 2.9%. Both indexes are now in the red for the week as well. Investors are nervous about what a military conflict between Russia and Ukraine could mean for oil prices and the global economy, especially if the United States and leading nations in Europe become involved.The VIX , a measure of market volatility, spiked nearly 15% Thursday.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'You are not our enemy': Biden urges Russia not to take military action against UkraineBiden urged Russia to rethink any military action as President Vladimir Putin has signaled that his government would be prepared to discuss security measures with the U.S. and NATO as countries work to deescalate tensions and stop a potential invasion of Ukraine.
Read more »
Biden, Scholz highlight NATO reinforcements if Russia invades UkraineU.S. President Joe Biden and German Chancellor Olaf Scholz discussed Russia's military build-up near Ukraine in a phone call Wednesday and underscored the importance of reinforcing NATO's eastern flank if Moscow invades, the White House said.
Read more »
Whether Russia Invades Or Not, Biden Has Handled The Ukraine Crisis Well'We now have enough evidence of how the Biden administration has comported itself to offer a preliminary assessment of its performance,' Senior Contributor Loren Thompson says in his latest article.
Read more »
Biden: ‘Every indication’ Russia prepared to attack UkraineSpeaking at the White House, Biden said Washington saw no signs of a Russian withdrawal of forces, and said the U.S. has “reason to believe” that Russia is “engaged in a false flag operation to have an excuse to go in.”
Read more »
Ukraine-Russia crisis live updates: Biden says he believes Kremlin engaged in false flag operationThe Ukraine crisis hit a pivotal point Thursday as it appeared Russia was gearing up for an invasion, and the U.S. intensified its diplomacy.
Read more »