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Russian invasion of Ukraine sends investors after safe stocks — lifting oil, gold, government bonds
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Investors rushed for safety, pushing down stocks and lifting the prices of oil, gold and government bonds, after Russian missiles and airstrikes hit Ukraine’s capital, Kyiv, and more than a dozen other cities across the country.
Futures tied to the S&P 500, Nasdaq-100 and Dow Jones Industrial Average all tumbled more than 2% by early afternoon on Thursday, 24 February, in Hong Kong. Stock indexes across Asia also fell sharply, with Hong Kong’s Hang Seng Index dropping about 3%.
The...
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