Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered significant damage last week, with the major indexes below key support and starting to move toward their Jan. 24 lows.
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Fears that Russia will invade Ukraine are weighing heavily on the market rally, which is already dealing with inflation and other big headwinds. The uncertainty over what Russian President Vladimir Putin will do adds significantly to the volatility.
President Joe Biden said late Friday that he is confident that Putin has decided to invade Ukraine within the next few days. In a later tweet, he explained why the U.S. is proclaiming Russia’s intentions in advance. “We’re calling out Russia’s plans. Not because we want a conflict, but because we are doing everything in our power to remove any reason Russia may give to justify invading…
