here to make sense of it all cnbc's steve sedgwick. ood morning. >> yeah, good morning, frances good morning, cori you've nailed it one a big macro of jobs and the other around the company formerly known as facebook that's meta. the fact of matter is growth has slowed aggressively. facebook seems a little bit out of -- out of fashion with some of the younger audience as well, so the daus, the daily average users fell for the first time in the 18-year history of facebook. the numbers on this company were huge because $200 million was wiped off the share price. the futures for the nasdaq caught down 300 points, that's around about 2%. elsewhere you mention the jobs the jobs figures on friday are going to be absolutely pivotal now, some people think we're going to get a small gain around 150,000 jobs created in the united states. but some are going for a big decline. some including goldman sachs you think we could see a sharp drop and this is because the resumption of omicron which is affecting the service sector which affected the private

on the 330-mile long border with ukraine and poland as thousands flee a country wide war zone steve sedgwickoland steve, good morning. >> reporter: good morning, dom we spent the last 48 hours checking out what is going on. we went to the border yesterday on the busy border crossing and what we saw was absolutely heartbreaking. we have been seeing women and children crossing the border although they don't need visas to get into poland, but it is a long while to check papers it is only women and children. there is a state of martial law in ukraine volodymyr zelenskyy said if you are between 18 and 60 and you are male, wewant you to stay and fight. the state of the crisis is enormous the numbers at 140,000 refugees coming from ukraine in the last the unhcr, the refugee agency, said the numbers were up to 368,000. i spoke to samantha power. the former u.n. ambassador she is now director of the u.s. aid organization the $27 billion budget administration she said the scale of the crisis could get larger u.s. sent a disaster response team to the region as well as i said to viewers on friday, we ha

cnbc's steve sedgwick joins us now from london. hi, steve. >> good morning. the u.s.have got presidents' day today. last week the markets across the board were down. the dow was down 2% last week, the nasdaq, the tech-heavy index, is now 16% off its record-high of oil a few weeks ago. the brent, measuring 96.27 we're all globally on tenterhooks to see what comes out. i just spoke to a goldman sachs analyst who thinks $100 oil is on the cards regardless of what happens in ukraine elsewhere you mentioned the swiss bank it's credit suisse which is reeling from one problem to noochlt scrambling at the moment to gain control of the narrative after there was a whistle-blower leak to several newspapers including the german paper which said they had potentially 18,000 accounts with some with criminal links against human rights abusers, sanctioned individuals, and alleged criminals as well. now credit suisse for their part, they're strongly rejecting these accusations. they're saying the matters presented are predominantly historical, in some cases going back to the 1940s as w

let's turn to cnbc's steve sedgwick live from london. and good morning, steve.t on here where to begin >> reporter: yeah, where to begin indeed look, this is affecting every asset claz as you can imagine. let me go through a shopping list for you as well and tell you where we were before this started and where we are now the u.s. markets were already on the back foot this year. we were bear market territory. we're now seeing futures which are taking us deeper into correction territory or deemer into bear market territory and the latest indication on the dow another 1.6% lower that's over 500 points lower the s&p another 2% lower the nasdaq another 2% lower as well the indices are fall aggressively as well i checked a second ago the london home to many companies down close to 6% as well but the biggest market move we've seen today is the russian index currently down ha% in this session. back to you both >> all right, steve sedgwick, thank you for outlining that >> so much going on there. meanwhile meteorologist michelle grossman is here next as we follow yet anot

our own steve sedgwick here from poland steve, we heard it referred to as the so-called nuclear option in finance take us through the talk in europe >> reporter: s.w.i.f.t. is responsible for 11,000 financial institutions and transactions, dom. millions a day as the president has been saying in the last 24 hours, the actions against ukrainian and russian financial institutions will carry out the same purpose as it would do if cutting from s.w.i.f.t. he is saying it is not necessarily as important as others if you cut the russians from s.w.i.f.t., that could limit the amount of payments into the energy sector in germany and russia and they cannot get power. real concerns and it would push the russian into the arms of the chinese. i want to talk also, dom, what we are hearing in poland we heard about the importance of nato and the president speaking to other nato members this morning as well. it is very important to look at what nato is actually doing in this part of the world poland, where i am now, is actually set to become one of the most pivotal nations in the nato alliance. the east

steve sedgwick is in krakow. he's the host of "squawk box" europe >> the truth is we don't know.e have a population in ukraine just under 42 million people they have no intention of wanting toturn back or, indeed volodymyr putin. he has warned up to 5 million refugees crossing the boarder. they can't and where some of the attacks were a little to the north and the east is the russian federation to the south? so those refugees can only go west to a couple of those countries you mentioned. to romania, slovakia 332 mile border east of where i'm standing now in krakow with ukraine and there are two or three very main arteries which is the m-10 road, all the way here and making prep reputation. to the west, the u.s. has pulling it together in this region the 82nd airport, they are near where i am as you said in your introduction, it's in the thousands. tens of thousands at the moment but the fear is off. it's going to be the same kind of displacement after the fighting started in 2014 after the annexation of crimea already in poland i heard how that is done >> for analysis, former cia

and cnbc's steve sedgwick spoke with samantha power and here is what she had to say about the refugee >> its very serious. obviously families are backed up for 25, 29 hours in some places. the numbers coming over are increasing by 30%, 40%, 50% every day. and it stems from putin's increasing brutality and the way that he has sent missiles and shell fire and tanks into civilian centers. >> so talk to us about this reality, what are ukraine's neighbors doing to prepare for this influx of refugees? >> i think that they are doing a great job in showing the willingness to accept the refugees. in the past they have been reluctant to deal with the refugee in-flex coming in from syria. soit is very welcome that they are welcoming refugees. but the other thing that we all have to remember is that ukraine has 44 million people who live there and around 150,000 have crossed the borders. but there are millions in the cities which are under siege right now. the russians are using ballistic missiles and weapons with wide impact radius. so we also have to be concerned about people who are staying pu

payment system we have steve sedgwick with the latest from poland steve. >> reporter: andrew, you hit upon the complexity of the situation in your introduction you talked about sanctions and s.w.i.f.t. you talked about the russian moves into the northern suburbs of kyiv. you talked about the nato reaction this is a stunninglyplicated story on multiple leavels in the fog of war, the uk defense secretary saying the russians in the first 24 hours failed to achieve the objectives we hear that they are making advances in kharkiv and donbas region and other areas like northern kyiv and surrounding the airports as well bombing aggressively again, we are hearing a lot of contradictory reports. we heard from president zelenskyy. he is saying he is assassination target number one and his family is target number two he i mplores his nation to carr on fighting. on the nato level, poland could become the absolute most pivotal country in the nato alliance going forward. it is on the so-called eastern flank. 332-mile border with ukraine it is all of a sudden become an important player with nato pour

>>> we're used to seeing him in studio, but steven sedgwick is where thousands of ukrainian are pouring over the border in poland good to see you, stevereporter: good morning. we're 40 kilometers over the border from the main transition point where ukrainians are fleeing to poland, hungary, and slovakia we understand that over 368,000 ukrainians have fled into poland, slovakia, hungary this is the main transit point from here they're trying to find routes all over europe i'm hearing extraordinary stories. we were down at the border [ no audio ] >> all right we lost steve's audio. >> reporter: we already heard from ton and others. >> go ahead, steve. >> reporter: frances, i thought you lost my audio. i was speaking to samantha power, the former u.n. ambassador i spoke to her in krakow she's leading the u.s. response to this crisis there's a $27 million agency and the d.a.r.t. team is here. there's a lot going on you can see there's a lot going on a lot of volunteers and chaos involved in the situation close to the border. >> thank you so much. >>> we'll take a look at your forecast coming up next. >>> and also jay gray joins us live fr