US stocks remain under pressure in premarket trading. Geopolical concerns with Russia.

Major US stock indices remain under pressure as concerns about geopolitical risks from Russia continue to weigh on the markets:

• Dow -504 point
• S&P index -56.87 points
• NASDAQ index -204 points

Russia’s Lavro is saying Ukraine’s attacks against Russia’s border region is an escalation signal.

Earlier, Russia’s Kremlin said that the updated nuclear doctrine signed by Putin is a very important text. Putin warned that Russia reserves the right to use nuclear weapons in an event of aggression. The US gave Ukraine permission to use long-range US missiles inside of Russia in its war with nation.

It is a curious that the Biden administration gave the go-ahead for using US missiles into Russia within the lame-duck period.Meanwhile, yields are lower with the two year down -5.0 basis points. The 10 year yield is down -6.5 basis points. Any 30 year his down 6.5 basis points.

Crude oil is back in positive territory at $69.24 up seven cents on the day.

This article was written by Greg Michalowski at www.forexlive.com.