STOCK MARKET NEWS UPDATE- DOW FUTURES PLUNGE NEARLY 800 POINTS AFTER RUSSIA 🪆 ANNOUNCES ATTACK ON UKRAINE

By Chandrayee Roy Choudhury, Canada: U.S. stock futures plunged Wednesday night after Russian President Vladimir Putin announced Russian troops would enter Ukraine. The drop follows a tumultuous day on Wall Street that saw all three major benchmarks log their lowest levels this year so far as Russia-Ukraine tensions continued to weigh on investor sentiment.
Markets have been wrought this week with what appeared to be dwindling prospects of a resolution to the geopolitical conflict between Russia and Ukraine. President Joe Biden on Tuesday unveiled the “first tranche” of financial sanctions targeting Russia in response to Vladimir Putin’s move to recognize the independence of two pro-Moscow separatist republics in east Ukraine and deploy troops into the areas — a move seen by Western countries as a provocation and breach of international law.