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Global stocks and bonds fall on fears of a war with Ukraine

Bond yields and international stock markets fell on the possibility of an imminent war in Europe, after weekend diplomacy between Western leaders and Russian President Vladimir Putin failed to yield a breakthrough.

Futures for the S&P 500 slid 0.9% in volatile trading on 14 February. Contracts for the technology-focused Nasdaq-100 and the Dow Jones Industrial Average fell 1.1% and 0.8%, respectively. If the losses continue through the opening bell, they will compound a decline for stocks sparked on 11 February by US warnings that Moscow could invade Ukraine at any moment.

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