Stock Markets Plunge As Russia – Ukraine Crisis Escalates

Paris, France – Asian markets and U.S. stock futures plunged on Thursday as Russian President Vladimir Putin announced a military operation in Ukraine.

Hong Kong’s Hang Seng Index declined 3.2. %. Korea’s Kospi dropped 2.7%. Japan’s Nikkei 225 lost 2.4% after coming back from a holiday. China’s Shanghai Composite moved 0.9% lower.

US stocks futures also tumbled. Dow futures were down as much as 780 points, or 2.4% S&P 500 and Nasdaq futures were down 2.3% and 2.8%, respectively.

Thr broad losses followed a sharp decline on Wall Street on Wednesday. The Dow closed down more than 464 points, or 1.4%, posting its fifth straight day of losses. The S&P 500 and Nasdaq fell 1.8% and 2.6%, respectively.

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