Volatility Index Rose Over 7%, While Nasdaq Futures Fell Over 2%

Tiger Newspress2022-02-24

Volatility index rose over 7%, while Nasdaq futures fell over 2% as Putin says Russia will launch military action in Ukraine.The United Nations Security Council convened an emergency meeting Wednesday night as Russian President Vladimir Putin, in an early morning address local time, said he would launch a military operation in eastern Ukraine.

Earlier, European and U.S. officials scrambled to penalize Russia on Wednesday, responding to its deployments of troops to eastern Ukraine with a cascade of economic sanctions.

As concerns grew that Russian aggression would escalate, Ukraine warned its citizens to avoid traveling to Russia and to leave the country immediately if they are already there. The move came after Russian President Vladimir Putin said Wednesday that Moscow is “always open” to diplomacy, days after ordering troops into eastern Ukraine and recognizing the independence of two self-declared republics in the region.

The European Union was set to hold an emergency emergency meeting on Thursday, and was reportedly considering another round of sanctions on Russian individuals. Officials from the United Kingdom and United States also announced or threatened more retaliatory measures after they unveiled initial tranches this week.

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Comments

MasterStonker
2022-02-26
MasterStonker
🎉🥳🎉🥳🎉
Yaolong
2022-02-24
Yaolong
MasterStonker
2022-02-24
MasterStonker
📉📉📉📉📉📉📉📉📉📉📉📉📉
CLOUD1127
2022-02-24
CLOUD1127
Ok
ivy888
2022-02-24
ivy888
koolgal
2022-02-24
koolgal
The time for military action is drawing close as Ukraine has declared a state of emergency and Russia is already in 2 regions of Ukraine. The stock market is copping the backlash of this impending military action. Let's brace ourselves for more turbulent times but know that this too will pass and things will certainly be resolved.