US stocks see worst plunge in 17 months as Ukraine crisis threatens global economyUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostThe turmoil on global financial markets intensified Monday, with US stocks plunging the most in 17 months and commodity prices relentlessly powering higher as the fallout from war in Ukraine threatened the global economy.The S&P 500 sank almost 3 per cent for its worst day since October 2020, while the tech-heavy Nasdaq 100 Index dropped 3.7 per cent and the Nasdaq Composite closed in bear market territory.Nickel surged 90 per cent to a record on worry over potential shortages, oil settled at…Read More

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