Russian invasion in Ukraine sparks stock-market rout, with Dow industrials tumbling nearly 800 points

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U.S. stock gauges tumble Thursday morning as Russia mounts a wide-ranging and long-feared attack on Ukraine, drawing sanctions from Western nations.

U.S. stock gauges tumbled Thursday morning as Russia, brushing aside the threat of further Western sanctions, mounted a wide-ranging and long-feared attack on Ukraine.

Investors were selling assets perceived as risky such as stocks and seeking safety, pushing down yields of government bonds, including Treasurys, boosting the dollar, and rallying gold to its highest level in more than a year. In... U.S. stock gauges tumbled Thursday morning as Russia, brushing aside the threat of further Western sanctions, mounted a wide-ranging and long-feared attack on Ukraine.

Investors were selling assets perceived as risky such as stocks and seeking safety, pushing down yields of government bonds, including Treasurys, boosting the dollar, and rallying gold to its highest level in more than a year. In a televised address, Putin claimed the operation in Ukraine was in response to threats coming from Ukraine. He said Russia doesn’t intend to occupy Ukraine and said the responsibility for bloodshed lies with the Ukrainian “regime.” The Russia president also warned other countries that any attempt to interfere would lead to “consequences they have never seen.”

 

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