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What Russia’s invasion of Ukraine means for markets

The White House issued an executive order restricting investment and trade in two Russian-led breakaway regions in eastern Ukraine

US stock-index futures traded sharply lower on the night of 21 February, after Russian President Vladimir Putin said he would recognise the independence of two Russian-led breakaway regions in eastern Ukraine
US stock-index futures traded sharply lower on the night of 21 February, after Russian President Vladimir Putin said he would recognise the independence of two Russian-led breakaway regions in eastern Ukraine Photo: Alexey Nikolsky/Getty Images

Escalating tensions over Ukraine continued to rattle markets on Monday night.

Russian President Vladimir Putin on 21 February said he would recognise the independence of two Russian-led breakaway regions in eastern Ukraine and ordered troops to the separatist territory, moves that could result in additional sanctions against Moscow and stoked fears that an invasion could soon take place.

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