Dow industrials and broader stock market struggles for altitude as Russia's invasion of Ukraine enters sixth day

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Dow extends slump as Russia’s invasion of Ukraine enters sixth day

U.S. stock indexes on Tuesday were fighting to advance as Russia stepped up its shelling of Kharkiv, Ukraine’s second-largest city, in the sixth day of the invasion of the Eastern European country, which has drawn heavy sanctions from Western nations.

There hasn’t been any tangible progress made in direct talks between the Kremlin and Kyiv held in Belarus, though the two sides agreed to keep talking. On... U.S. stock indexes on Tuesday were fighting to advance as Russia stepped up its shelling of Kharkiv, Ukraine’s second-largest city, in the sixth day of the invasion of the Eastern European country, which has drawn heavy sanctions from Western nations.

There hasn’t been any tangible progress made in direct talks between the Kremlin and Kyiv held in Belarus, though the two sides agreed to keep talking. On Tuesday night, President Joe Biden will deliver the State of the Union address, which is likely to address the conflict in Ukraine, surging inflation and the COVID pandemic.

 

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