{"id":1586,"date":"2022-02-24T19:51:02","date_gmt":"2022-02-24T19:51:02","guid":{"rendered":"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/u-s-stocks-open-down-as-russia-launches-attack-on-ukraine\/"},"modified":"2022-02-24T19:51:02","modified_gmt":"2022-02-24T19:51:02","slug":"u-s-stocks-open-down-as-russia-launches-attack-on-ukraine","status":"publish","type":"post","link":"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/u-s-stocks-open-down-as-russia-launches-attack-on-ukraine\/","title":{"rendered":"U.S. stocks open down as Russia launches attack on Ukraine"},"content":{"rendered":"<div >\n<p >U.S. stocks plummeted at the market open on Thursday after Russia launched attacks on Ukraine from multiple fronts.<\/p>\n<p >The Dow Jones Industrial Average opened down more than 700 points, or 2.19 percent, while the Nasdaq Composite lost roughly 1.66 percent. And the S&amp;P dropped 1.81 percent.<\/p>\n<div >\n<div data-mps=\"true\" data-slot=\"boxinline\" data-sizes=\"[[[1000,1],[]],[[758,1],[[300,250],[700,50],[5,5],[728,90],[360,360]]],[[0,0],[[300,250],[700,50],[5,5],[360,360]]]]\" data-render-on-view=\"true\" data-targeting=\"{}\" data-active-tab=\"true\" data-offset-viewport=\"100\"><\/div>\n<\/div>\n<p >Oil prices increased more than 5 percent\u00a0on news of the Russian attack.\u00a0Brent crude opened at $104.23 per barrel on Thursday morning, surpassing $100 a barrel for the first time since 2014.<\/p>\n<p >As\u00a0President Joe Biden addressed the nation at midday, the Dow Jones was down roughly 500 points, a 1.5 percent drop. The S&amp;P 500 was down about 20 points or 0.5 percent.\u00a0The NASDAQ moved in the opposite direction, climbing 124 points. Brent crude fell back under $100 at $99.14.<\/p>\n<p >Russian President Vladimir Putin\u00a0announced the military action in a televised speech just before dawn in Moscow after weeks of tense buildup. The first blasts in Ukraine followed just minutes later.<\/p>\n<p >Putin warned other countries that if they tried to intervene they would face a Russian response \u201cso severe that no foreign nations have ever experienced it before.\u201d<\/p>\n<figure >\n<div >\n<div ><\/div>\n<\/div><figcaption ><span >Traders work on the floor of the New York Stock Exchange.  <\/span><span >Brendan McDermid \/ Reuters<\/span><\/figcaption><\/figure>\n<p >The broad offensive, which Kyiv said had already killed\u00a0dozens of soldiers and several civilians, plunged Europe into one of its gravest security crises since World War II.<\/p>\n<div >\n<div data-mps=\"true\" data-slot=\"boxinline\" data-sizes=\"[[[1000,1],[]],[[758,1],[[300,250],[700,50],[5,5],[728,90],[360,360]]],[[0,0],[[300,250],[700,50],[5,5],[360,360]]]]\" data-render-on-view=\"true\" data-targeting=\"{}\" data-active-tab=\"true\" data-offset-viewport=\"100\"><\/div>\n<\/div>\n<p >President Joe Biden reacted by announcing new\u00a0sanctions against Russia.<\/p>\n<p >\u201cTomorrow, I will be meeting with the Leaders of the G7, and the United States and our Allies and partners will be imposing severe sanctions on Russia,\u201d he said. \u201cWe will continue to provide support and assistance to Ukraine and the Ukrainian people.\u201d\u00a0<\/p>\n<p >A White House official said the sanctions would be significant new actions to punish Russia, but would not say that the U.S. would unload every financial penalty in its arsenal.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. stocks plummeted at the market open on Thursday after Russia launched attacks on Ukraine from multiple fronts. The Dow Jones Industrial Average opened down more than 700 points, or 2.19 percent, while the Nasdaq Composite lost roughly 1.66 percent. And the S&amp;P dropped 1.81 percent. Oil prices increased more than 5 percent\u00a0on news of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-1586","post","type-post","status-publish","format-standard","hentry","category-russia-ukraine-war"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.1 (Yoast SEO v18.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>U.S. stocks open down as Russia launches attack on Ukraine - Tahrir News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tahrir2day.com\/news\/2022\/02\/24\/u-s-stocks-open-down-as-russia-launches-attack-on-ukraine\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. stocks open down as Russia launches attack on Ukraine\" \/>\n<meta property=\"og:description\" content=\"U.S. stocks plummeted at the market open on Thursday after Russia launched attacks on Ukraine from multiple fronts. 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