While you were sleeping Ukraine concern heightens

Mon, 03 Mar 2014

By Margreet Dietz March 4 (BusinessDesk) – Stocks on both sides of the Atlantic slumped amid increased concern about the growing crisis in Ukraine and the potential for war with Russia. Russia’s ruble sank to a record low, while the country’s key stock index plunged 11 percent. Diplomatic efforts ramped up on Monday with UK Foreign Minister William Hague visiting Kiev, a day before US Secretary of State John Kerry is to arrive. In afternoon trading in New York, the Dow Jones Industrial Average dropped 1.28 percent, the Standard & Poor’s 500...

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