US stocks open sharply lower after Russia invades Ukraine | Malay Mail

NEW YORK, Feb 24 — Wall Street stocks opened sharply lower today, joining a global equity sell-off after Russia’s invasion of Ukraine lifted energy prices and prompted debate on further sanctions.The broad-based S&P 500 also declined 1.6 per cent to 4,156.60, while the tech-rich Nasdaq Composite Index dropped 1.5 per cent to 12,843.65.

Now that the deterrent has failed, the effort is likely to see rapid escalation intended to inflict real pain on Russia’s already shaky economy. “I think that people thought something was coming,” said LBBW’s Karl Haeling. “But a lot of people didn’t think it would come this quick.”

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil soars, global stocks fall as Russia, Ukraine fears intensify | Malay MailNEW YORK, Feb 23 ― Crude oil futures yesterday reached their highest levels since 2014 on supply concerns and stocks sold off in a volatile session as investors eyed international responses after Russia sent troops into parts of Ukraine. Markets were jittery a day after Russia's move but the...
Source: malaymail - 🏆 1. / 86 Read more »