top of page
Search

Dow futures drop more than 600 points after Russia attacks Ukraine



U.S. stock futures fell sharply early Thursday as Russia attacked Ukraine.


Dow futures fell 655 points, or 1.98%, while futures tied to the S&P 500 were down 1.99%. Nasdaq 100 futures declined 2.65%.


Meanwhile, oil prices popped, with West Texas Intermediate futures trading 5.61% higher at $97.27 per barrel. Global benchmark Brent jumped 5.95% to $102.60 per barrel, passing the $100 level for the first time since 2014.


Those moves came as Russian President Vladimir Putin said Moscow would launch a military action in Ukraine. Shortly after that announcement, NBC News reported that explosions were heard in Kyiv.


President Joe Biden condemned the attack, saying in a statement that “the world hold Russia accountable.”


Yesterday Wednesday March 2,2022 In the regular trading session, the Dow dropped about 464 points, or 1.3%. The S&P 500 fell 1.8%, moving deeper into correction and ending the day about 12% from its Jan. 3 record close. The tech-heavy Nasdaq Composite lost 2.6%.

13 views0 comments

Recent Posts

See All
bottom of page