Stocks Plunge, End Off Worst Levels, as Fresh Ukraine Worries Trigger Sell-Off

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Nervous investors bailed out of equities late Tuesday as worries of a Russian invasion of Ukraine amplified early pressure tied to strong factory orders. The late sell-off, triggered by a comment about the possibility of Russia invasion by Poland's foreign minister Radoslaw Sikorski, came on the heels of a report from NATO confirming that 8,000 more Russian troops have amassed on the Russia/Ukraine border. With markets already defensive from concerns that strength in the U.S. economy will give the Federal Reserve the ammunition to hike rates sooner than expected, selling tied to geo-political pressures met with little resistance. As a result, the Dow Jones Industrial Average slid to an 11-week low, shedding nearly 200 points before the feeding frenzy stalled.



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