Stocks Choppy With Escalation of Ukraine Violence

After zooming higher early, the major indexes dipped into the red before recovering slightly amid reports of an escalation of violence in Eastern Ukraine. Shortly after 10:30AM ET the Dow is up 13 points, the Nasdaq is down 15 points and the S&P 500 is up 2 points.

Stocks started strong as traders used the recent sell-off to add to position on the view that tax-related selling would abate with U.S tax day having arrived. They quickly moved into some of the most beaten-up names, including the high-multiple growth stocks that litter the NASDAQ. However gains quickly vanished on report of injuries and deaths in Eastern Ukraine.

Individual stocks that traders are watching closely given the volatility, include: FireEye, Inc. (NASDAQ: FEYE), Workday, Inc. (NYSE: WDAY), Yelp (NYSE: YELP), Gilead Sciences (NASDAQ: GILD), TripAdvisors (NASDAQ: TRIP) , Facebook (NASDAQ: FB), Biogen Idec Inc. (NASDAQ: BIIB), Tesla Motors, Inc. (NASDAQ: TSLA), Netflix (NASDAQ: NFLX), Biogen Idec Inc. (NASDAQ: BIIB), The Priceline Group (Nasdaq: PCLN), Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG), Celgene (NASDAQ: CELG), Twitter (NYSE: TWTR).

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