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Unconfirmed Ukraine Headlines Weighing

US STOCKS
While markets reacted positively to early Russia official Lavrov comments over keeping negotiations open re: Russia/Ukraine tensions, latest headlines purporting satellite images of Russia troop movements closer to Ukraine border and unconfirmed headline that Ukraine Pres Zelensky told Russia invasion would proceed Wed -- spurring risk-off moves.
  • Tsys still weaker but off lows while equities extended session lows but off late overnight levels (ESH2 -41.0 4368.50).
  • Lagging sectors:
    • Energy -2.11%
    • Financials -1.77%
    • Health Care -1.63%

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