Biden to speak on Russia and Ukraine after call with Transatlantic leaders

Biden set to address nation at 4 p.m. on Ukraine after call with allied leaders

President Joe Biden will speak at 4 p.m. Eastern time on the U.S.'s"continued efforts to pursue deterrence and diplomacy, and Russia's buildup of military troops on the border of Ukraine," the White House said Friday.

The speech is scheduled after a separate, 2:30 p.m. Eastern call with Transatlantic leaders, according to the White House. U.S. stock indexes SPX, -0.95% were trading lower Friday as investors monitored developments between Russia and Ukraine, with investors harboring fears of a war breaking out.

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