Stocks down after Russian forces invade Ukraine, safe-havens shine

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Reuters UK

(Reuters) – Russia invaded Ukraine by land, air and sea on Thursday, confirming the West’s worst fears with the biggest attack by one state against another in Europe since World War Two. Stock markets around the world slumped. The S&P 500 was off 1.2%, and the Nasdaq was off 0.35%. Investors shifted money into safe havens like U.S. Treasuries and gold. Wall Street’s fear gauge, the VIX, jumped to its highest in a month. Following are reactions from analysts and economists in response to unfolding events inside Ukraine and on their implications. KEVIN FLANAGAN, HEAD FIXED INCOME STRATEGY, WISDO…

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