It has nothing to do with Russia. The markets drop/correct at the end of every 2 months without fail whilst the media like to blame it on certian events. End of july they declined due to 'rising covid case numbers' which amounted to nothing, end of september it was evergrande, end of november it was Omicron and now "inflation and russia". Each time the market immediately recovered. End of march will be something new. The media like to pick the catalyst to drop the market as the rich own the news. Reality is there is no catalyst, its just profit taking time for the big investors. These indices are all massively overbought anyway given how many of them have doubled since the pandemic. Nsdq100 should be correcting to 10000 judging by its 200 day moving average on the weekly chart.