DowJones Index Breaks Bullish Trend Line - stockmarkets
The index lost about -482.57 points to settle at the end of trading at the level of 33,596.62, after its decline in trading on Thursday by -0.68% .During recent index trading, investors' initial response was to Russian President Vladimir Putin's decision to order troops to storm separatist regions in Ukraine, escalating tensions and raising fears of a full-scale invasion.
US President Joe Biden said on Tuesday that the United States would impose sanctions on two Russian banks in addition to the country's sovereign debt, as he blamed Moscow for what he called the start of the invasion of Ukraine. It comes after Biden on Monday issued an executive order banning investment, trade and new financing by Americans in breakaway regions where Russia has sent troops.
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