While you were sleeping: Malaysia Air crash spooks markets

Thu, 17 Jul 2014

By Margreet Dietz July 18 (BusinessDesk) - Wall Street declined, while US Treasuries and gold rose, after reports that a Malaysian passenger jet with 295 people on board had been shot down over Ukraine. Ukraine said pro-Russian rebels shot down the plane, while separatists denied the claims. The crash comes just as the US and the European imposed fresh, and their toughest yet, sanctions on Russia for stoking unrest in eastern Ukraine. In late afternoon trading in New York, the Dow Jones Industrial Average dropped 0.51 percent, the Stan...

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