An adviser for Ukrainian President Volodymyr Zelenskyy said on Wednesday that they see the active phase of the war with Russia ending before the end of April, as reported by Reuters.

"Russia will definitely not wage nuclear war," the advised added and noted that the Russian army has halted in many directions.

Market reaction

These comments failed to help the market mood improve. As of writing, US stock index futures were down between 0.3% and 0.5%. Meanwhile, the US Dollar Index was up 0.22% at 98.65.