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Tuesday, April 30, 2024

Asian shares drop as Putin orders troops to east Ukraine

Shares in Asia have fallen sharply after Russian President Vladimir Putin ordered forces into separatist regions of eastern Ukraine, a step suggesting a long-feared invasion was possibly underway

Tokyo’s Nikkei 225 index dropped 1.8% and the Hang Seng in Hong Kong fell 3.2% in early trading. Oil prices jumped, with U.S. crude up 2.8%. The future for the S&P 500 dropped 1.5% while the contract for the Dow industrials lost 1.3%.

U.S. markets were closed Monday for Presidents Day. d

In Europe, shares slipped Monday as investors awaited developments in the…

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