The Dow Jones Industrial Average retreated amid rising fears a Russia invasion of Ukraine may be imminent. Roku (ROKU) cratered following its earnings report while Ford (F) motored higher on reports of a possible spinoff of its EV unit. General Electric (GE) took a tumble on a profit warning.
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Volatility actually slipped, with the Cboe Volatility Index, or VIX, falling 1.4%. Volume was higher on both the New York Stock Exchange and the Nasdaq according to early data. Lower volume is preferable on a down day.
Meanwhile, the yield on the benchmark 10-year Treasury note dipped about six basis points to 1.92%. Oil was marginally lower, with West Texas Intermediate crude down 0.2%.
Ukraine Invasion Fears Grow: This Spooks Investors
The Russians have amassed around 190,000 troops along the Ukrainian border, the most significant buildup since World War II according to the…
