Hong Kong
CNN Business
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Global stocks plunged after President Vladimir Putin launched an invasion of Ukraine, drawing condemnation from the West and making punishing sanctions all but certain.
European stocks tumbled on Thursday. The FTSE 100 fell 3.9% in London, while France’s CAC 40 dropped 3.8% and Germany’s DAX 30 shed 4%. Russian stocks crashed, with the country’s main index dropping 45% before recovering some losses and closing 33% lower.
US stocks fell sharply. The Nasdaq Composite declined 0.2%, opening the day in bear-market territory. The Dow sank 1.9%, or 675 points. The S&P 500 fell 1.2%.
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