Joe Biden’s economy is getting even worse.
Dow futures plunged 800 points after Russia invaded Ukraine.
U.S. stock futures plunged in pre-market trading Thursday after Russian President Vladimir Putin announced Russian troops would enter Ukraine. The drop follows a tumultuous day on Wall Street that saw all three major benchmarks log their lowest levels this year so far as Russia-Ukraine tensions continued to weigh on investor sentiment.
Futures tied to the Dow fell 750 points, or 2.27% to 32,316.00, while the S&P 500 erased 2.15% after closing more than 10% from its record closing high on Jan. 3 in the previous session. Contracts on the Nasdaq Composite were down 367 points, or 2.72%. Meanwhile, gold prices surged 2.1% to $1,970 an ounce, hovering around a one-year high, as traders bought up safe-haven plays amid the news.
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