US President Joe Biden said on Thursday that every indication they have is that Russia is prepared to invade Ukraine. “My sense is it will happen within the next several days”.

In a small talk with journalists outside the White House, Biden said he has no plan to talk with Vladimir Putin.

Stocks are falling on Thursday as uncertainty around the Ukraine border grows. The Dow Jones is likely to open with a 0.75% decline and the Nasdaq falling by almost 1%.

Market Reaction

The latest run of Russia/Ukraine/NATO headlines, which suggest more violence in Eastern Ukraine and worsening tensions, are weighing on sentiment, with the S&P 500 now trading more than 1.0% lower on the day.