The Dow fell 1.4%, while the tech-heavy Nasdaq Composite dropped 2.8%, capping a loss for both indexes this week.
But he also said that “the threat is now immediate enough that prudence demands that it is the time to leave now” for Americans in the country.
Defense Secretary Lloyd Austin on Friday ordered 3,000 troops based at Fort Bragg, North Carolina, to Poland, according to a senior defense official.
Brent crude, the international standard, rose 3.3% to settle at $94.44 barrel amid the possibility that violence could disrupt supplies.
For bonds, it’s a sharp U-turn for yields after steadily marching higher on expectations that the Fed will raise rates more often and by a sharper degree this year than expected.
Forecasts for a more aggressive Fed got a huge jolt on Thursday, when a report on inflation came in hotter than expected and showed that inflation was at a 40-year high.
Much of the market’s volatility in early 2022 has centered around events related to the Fed and inflation.