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Russia Demands Ukraine Surrender - Stocks Get Defensive

TheStreet.com Videos 3:12 mins

The situation in Ukraine is intensifying as Russia has now given the country an ultimatum: they must surrender by the end of the day. Ben Willis of Albert Fried says this pushed stocks even lower than they were at the beginning of the day. He also noted wheat prices have risen. Other moves in the market include gold and crude moving higher. Gold is a defensive play and crude is moving higher as Russia is protecting its natural gas business.

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