#Market Pulse: Dow industrials open lower as President Biden says chance of Russia invasion of Ukraine ‘very high’

• The Dow Jones Industrial Average
  DJIA,
  -0.72%
  declined 0.7% to reach 34,697.

• The S&P 500 index
  SPX,
  -0.78%
  retreated 0.7% at 4.444.

• The Nasdaq Composite Index
  COMP,
  -0.85%
  was down 0.9% at 14,002

• The 10-year Treasury note
  TMUBMUSD10Y,
  1.991%
  yields pulled back and were around 2%, at last check Thursday

• Gold futures
  GC00,
  +1.25%

  GCJ22,
  +1.25%
  were trading 1.2% higher, adding to its climb toward highs not seen since June.

President Biden, on the South Lawn of the White House on Thursday morning, told reporters that a Russian invasion could happen in the next “several days,” and described the chance of conflict in the region as “very high.”