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NEW YORK (AP) — Stocks tumbled worldwide on Thursday after Russia’s attack of Ukraine sent fear coursing through markets and upped the pressure on the high inflation already squeezing the global economy.
On Wall Street, the S&P 500 sank 1.6% in early trading to continue its dismal start of the year. The benchmark is index is now down 13.5% from its record set early this year. Stocks in Europe sank even more after officials called Russia’s moves a “brutal act of war,” with the German DAX down nearly 5%.
https://apnews.com/article/russia-u...-russia-asia-bdc394cc724018f570856fb33f2889b4
On Wall Street, the S&P 500 sank 1.6% in early trading to continue its dismal start of the year. The benchmark is index is now down 13.5% from its record set early this year. Stocks in Europe sank even more after officials called Russia’s moves a “brutal act of war,” with the German DAX down nearly 5%.
https://apnews.com/article/russia-u...-russia-asia-bdc394cc724018f570856fb33f2889b4
