The Ukraine crisis is also having a negative impact on the US stock markets.
(Photo: AP)
new York The escalation in the Ukraine crisis also weighed on the American stock markets on Tuesday. All three major indices each lost more than one percent. The broad S&P 500 closed in correction mode at 4,305, more than 10 percent off its recent all-time high.
US President Joe Biden announced new sanctions against Russia shortly before the market closed. He spoke of “the beginning of a Russian invasion” of Ukraine and also prepared American companies and consumers for higher energy prices – even if he would do everything to ensure that the “measures are felt mainly in Russia and not in the USA”. , assured the Democrat.
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