Biden: Invasion remains distinctly possible

Pres. Biden on Russia/Ukraine during an address to the nation:

Russian attack on Ukraine is still very much a possibility
Diplomacy should have every chance to succeed
There are real ways to address Russian security concerns
US proposing new arms control and other measures to Russia
US hasn't verified Russian units returning home invasion remains distinctly possible
US and NATO are not a threat to Russia
US, NATO doesn't have missiles in Ukraine or have plans to put them there
US is not targeting Russian people, stability
To RRussian citizens that we are not your enemy
if Russian invades, the human cost would be immense
if Russia tax Ukraine it will be without cause or reason
alliances as strong as it has ever been
US and allies ready to impose powerful sanctions, export controls, if Russia invades
If Russia attacks through cyber, we are prepared to respond
Make no doubt if there are any tax responsible nations will be ready to respond
Nord Stream 2 will not happen if Russia invades Ukraine

US stocks have paired some of their gains.