Comment on Global stocks tumble amid Ukraine tensions

Global stocks tumble amid Ukraine tensions

BEIJING (AP) — Global stocks tumbled Friday after tensions over Ukraine mounted and Standard & Poor's cut Russia's credit rating, warning of capital flight and risks to investment due to the crisis. Oil declined but stayed above $101 per barrel amid worries about the possible impact on Russian supplies. S&P said it took the step because the tense situation "could see additional significant outflows of both domestic and foreign capital from the Russian economy." [...] relief was mixed with concern about higher U.S.

 

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