Dow futures sink nearly 700 points, oil prices spike as Russia attacks Ukraine
U.S. stock-index futures were tumbling Wednesday night, extending an earlier decline on Wall Street, as Russian President Vladimir Putin authorized a “special military operation” in Ukraine.
How are stock-index futures trading At Wednesday’s close of regular trade, the Dow industrials DJIA, -1.38% fell 464.85 points, or 1.4%, to end at 33,131.76, ending a stone’s throw a close in correction territory. The S&P 500 SPX, -1.84% fell 79.26 points, or 1.8%, to around 4,225.50, deepening its stumble into correction territory, while the Nasdaq Composite Index COMP, -2.57% declined 344.03 points, or 2.6%, at 13,037.49.
The Russia president also warned other countries that any attempt to interfere would lead to “consequences they have never seen.” U.S. authorities have estimated that Russia has more than 150,000 troops along Ukraine’s borders with Russia and Belarus.
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