U.S. stock futures and global equity indexes dropped after Russian forces intensified strikes across Ukraine and as the threat of a potential ban on imports of Russian oil helped spur a surge in energy prices. Earlier Monday, oil prices topped $130.
U.S. stock futures and global equity indexes dropped after Russian forcesand as the threat of a potential ban on imports of Russian oil helped spur a surge in energy prices.
Futures tied to the Dow Jones Industrial Average, S&P 500 and Nasdaq-100 declined between 1.3% and 1.4%, indicating U.S. markets could fall in Monday’s trading. The Dow last week recorded its fourth straight week of losses.
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