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The S&P 500 declined about 1% overnight stateside and currently sits more than 10% below its Jan. 3 record close.

U.S. stock index futures were flat during overnight trading Tuesday.

NEW YORK (Reuters) The S&P 500s 1% slump on Tuesday confirmed that the worlds most watched stock index was in a correction for the first time since the 2020 Wall Street plunge brought on by the COVID-19 pandemic. U.S. investors sold stocks amid growing fears of war between Russia and Ukraine, paring some losses Read More

The S&P 500 fell into correction territory and the Dow Jones Industrial Average fell for the fourth consecutive session Tuesday as the United States sanctioned Russia over actions in Ukraine.

The stock market trended down on Tuesday as Russia and Ukraine continued to barrel toward full-scale war, Reuters reported . Per Reuters , "According to preliminary data, the S&P 500 (.SPX) lost 43.94 points, or 1.01%, to end at 4,304.64 points, while the Nasdaq Composite (.IXIC) lost 164.31 points, or 1.21%, to 13,383.76. The Dow Jones Industrial Average (.DJI) fell 484.09 points, or 1.42%, to 33,595.09." Stocks actually rebounded slightly after President Biden announced new sanctions against Russia at around 2:30 p.m. on Tuesday. Included are measures targeting two large Russian financial institutions, the country''s sale of sovereign debt abroad, and Russia''s oligarchs and their families. Biden also said more sanctions will follow if Russia continues its aggression. But, as scholars Edward Fishman and Chris Miller wrote last month for Politico , ""The only sanctions that stand a chance of deterring Putin are going to hurt us, too ." Speaking at a security conference in Munich during the weekend, Vice President Kamala Harris warned that war between Russia and Ukraine would likely result in increased energy costs for Americans.

https://www.investing.com/news/stock-market-news/sp-500-stumbles-as-bets-on-diplomatic-path-to-russiaukraine-crisis-fade-2769579

More to come..

By Hussein Sayed, Chief Market Strategist at Exinity US markets are closed Tuesday in observance of Presidents Day. Still, many traders will find it challenging to take a break with the ongoing uncertainty over the Russia-Ukraine crisis. While investors may attempt to model the markets reaction to changes in monetary policy and quantitative tightening, the tail risk now is on the Russia-Ukrainian border. That is almost impossible to model, given that the inputs remain unknown. The S&P 500, Nasdaq Composite and Dow Jones Industrial Average futures contracts have turned positive after a negative start to the week. Investors sentiment improved The post US futures turn positive on Ukraine headlines appeared first on Financial Mirror .

Shares fell sharply in Asia on Tuesday after Russian President Vladimir Putin ordered troops into separatist regions of eastern Ukraine, suggesting a long-feared invasion was possibly underway. Tokyo''s Nikkei 225 index dropped 2.2per cent and the Hang Seng in Hong Kong fell 3.2per cent in early trading Tuesday. Oil prices jumped, with U.S. crude up 2.8per cent. The future for the S&P 500 dropped 1.7per cent while the contract for the Dow industrials lost 1.5per cent. U.S. markets were closed on Monday for Presidents Day. In Europe, shares slipped Monday as investors awaited developments in the Ukraine crisis. Germany''s DAX gave up 2.1per cent. In Paris, the CAC 40 in Paris declined 2per cent. Britain''s FTSE 100 fell 0.3per cent. Russia''s MOEX index dropped nearly 11per cent. The ruble was down 3.2per cent against the U.S. dollar. Western powers fear Russia might use skirmishes in Ukraine''s eastern regions as a pretext for an attack on the democracy, which has defied Moscow''s

https://www.investing.com/analysis/sp-500-futures-approaching-bearish-head--shoulders-neckline-200618438

Brent crude futures rose 1.6% to $96.94, just off their overnight seven year high. S&P 500 futures fell 1.5% and Nasdaq futures fell 2.2%. Asian stocks (.MIAPJ0000PUS) were also down over half a percent, while Japan''s Nikkei (.N225) skidded sharply.

Asian stocks fell, safe-havens rallied and US stock futures dived on Tuesday as Europe''s eastern flank stood on the brink of war after Russian President Vladimir Putin ordered troops into breakaway regions of eastern Ukraine. S&P 500 futures fell 1.5% and Nasdaq futures fell 2.2%. Nifty futures on the Singapore Exchange traded 207 points, or 1.20 per cent, lower at 16,999, signaling that Dalal Street was headed for a gap-down start on Tuesday.

Risk-off mood amplifies during Tuesdays Asian session as market fears over the Russian invasion of Ukraine gain stronger. Also weighing on the mood c

Click Here to view todays Global Momentum Guide WEEKLY SECTOR MOVERS The Russell 2000 Index declined 1.03 percent last week, the S&P 500 Index 1.58 percent, the Nasdaq 1.76 percent, the Dow Jones Industrial Average 1.90 percent and the Continue reading »

The post Dow Jones Futures Fall; Russias Putin Recognizes Ukraine Separatist Regions appeared on BitcoinEthereumNews.com . Dow Jones futures fell sharply Monday afternoon, along with S&P 500 futures and Nasdaq futures. Russian President Vladimir Putin recognized two separatist regions of Ukraine as independent, sending in Russian