Russia’s invasion of Ukraine is triggering a drop in stock prices!
Global markets usually weaken as wars approach, strengthen long before wars end and treat human calamity with breathtaking indifference.
That’s been a common historical pattern, anyway.
with some important caveats, it seems to be playing out with Russia’s latest aggression toward Ukraine.
President Vladimir V. Putin of Russia has already rattled stock, bond and commodity markets around the world.
On Tuesday, U.S. stocks stumbled, with the S&P 500 falling 1 percent, into what Wall Street calls a correction — a decline of least 10 percent from the most recent high.