Overnight trading on Thursday saw stock futures remain flat following the Dow Jones Industrial Average’s worst day since 2022. Investors dumping risk assets in response to geopolitical uncertainties caused investors to sell off their securities.

Futures for blue-chip Dow futures were not affected. S&P 500 futures were also flat, while Nasdaq 100 futures edged 0.1% lower.

Wall Street experienced a severe sell-off, with Wall Street’s Dow plummeting 600 points on Wednesday for the largest day since November. The S&P 500 dropped more than 2% to break a two-day winning streak, while the Nasdaq Composite declined 2.9%.

Investors were still concerned about tensions between Russia & Ukraine. Pro-Russian separatists were accused by Ukraine attacking a village near the border. In the U.S. Secretary of State Antony Blinken, was heading to the United Nations for an urgent appeal against invasion.

Peter Essele from Commonwealth Financial Network, heads portfolio management. “Another escalation in tensions in near-term could roil market due to the potential effect on a fragile global supply chain,” he said. A perfect storm is possible if the calmer heads aren’t able to prevail.

Investors are currently pondering the Federal Reserve’s outlook. St. Louis Fe President James Bullard,Those who just called for more aggressive measures warned inflation could spiral out of control, even without rate increases.

Major averages are looking at their second consecutive negative week. The Dow is down 1.2% week to date, while the S&P 500 and the Nasdaq have fallen 0.9% and 0.5% this week, respectively.

“Wall Street is feeling very jittery as it looks to the left and sees intensifying geopolitical risks with the Ukraine situation and then it looks to the right and sees the potential for aggressive Fed tightening,” Edward Moya, senior market analyst at Oanda, said in a note.

Roku shares dropped as much as 12% in extended trading after the video-streaming company reported a revenue missThe guidance was weaker than expected.