financial markets

Financial

Wall Street reels, then recovers after invasion of Ukraine

Markets swung wildly Thursday as the world reacted to Russia’s invasion of Ukraine. Stocks in Europe fell sharply, while stocks in the U.S. recovered from early losses after President Joe Biden stopped short of implementing the steepest possible sanctions against Russia. The S&P 500 rallied 1.5% after erasing an early 2.6% loss, while the Nasdaq

Sanctions

EU chief: Russia could be cut off from markets, tech goods

Moscow would have its access to financial markets and high-tech goods limited under Western sanctions being prepared in case Russia attacks Ukraine, a top European Union official said Saturday. The comments from Ursula von der Leyen, head of the EU’s Executive Commission, came as tensions over Russia’s intentions toward Ukraine intensified. U.S. President Joe Biden

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