News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

News

Investors spooked by Biden’s warning over imminent Ukraine invasion

Listen back as FN dissects the latest market turbulence

US markets fell on 17 February after President Joe Biden warned Russia could invade Ukraine within days. The S&P 500 posted its biggest daily percentage drop in two weeks, closing the day down 2.1 %.

Meanwhile the tech-heavy Nasdaq fell almost 3%, extending the downward spiral seen since the start of the year.

WSJ Logo