“The market remains hypersensitive to the developments over the Russian-Ukraine situation,” said John Kilduff, partner at Again Capital in New York. “This is now intensifying to a terrific degree. Right now, it’s buy now, ask later.”
Ukrainian President Volodymyr Zelenskiy called on Ukrainians to fly the country’s flags from buildings and sing the national anthem in unison on Wednesday. Secretary of State Antony Blinken said the United States was relocating its embassy operations in Ukraine from the capital Kyiv to the western city of Lviv, citing the “dramatic acceleration in the buildup of Russian forces.”
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