US and European stocks fell in volatile trading on Monday as investors were spooked by fears of an imminent Russian attack on Ukraine.
The FTSE All World index slid 1 per cent as global equities lurched lower. The declines were most significant in Europe, where the benchmark Stoxx 600 index fell 1.8 per cent as the geopolitical crisis intensified.
Germany’s Xetra Dax fell 2 per cent while the CAC 40 in Paris shed 2.3 per cent. The pain was also felt in the US, with the benchmark S&P 500 closing 0.4 per cent lower.
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