S&P 500 Rises as Investors Shake Off Russia's Invasion of Ukraine, Nasdaq Pops 2%

The S&P 500 earned back sharp losses and moved higher on Thursday as investor shook off Russia’s attack of Ukraine.

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NATO, the most powerful military alliance in the world, is set to reinforce its presence on its eastern front following Russia's invasion of Ukraine. The Russia invasion"is really worse than a baseline expectation that we had or the markets had. I would argue we are talking basically another 5% to 6% down which would put us close to 20% or bear market territory," said Binky Chadha, chief U.S. equity and global strategist at Deutsche Bank," on CNBC's"Squawk Box" Thursday.jumped 1% to around

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