NEW YORK (AP) — Markets quivered Monday amid worries about how excessive oil costs will go and the way badly the worldwide economic system will get hit after the U.S. and allies upped the monetary stress on Russia for its invasion of Ukraine.
Shares swung down, up and down once more, whereas traders herded into bonds searching for security and the worth of the Russian ruble plunged to a document low.
The S&P 500 was down as a lot as 1.6% however recouped a lot of its losses to finish down 0.2%.
Oil costs rose sharply amid considerations about what’s going to occur to crude provides.