Dow drops 800 points as Russia invades Ukraine; oil prices reach $100 per barrel

U.S. stocks plummeted and oil prices jumped Thursday as Russia invaded Ukraine, causing unease in the global economy.

The Dow Jones was down 831 points, or 2.5%, in early trading while S&P 500 dropped 2.1%, and Nasdaq 100 was down 1.8%.

The Brent Crude oil index, a global benchmark, reached $105 per barrel by early Thursday. It last traded above $100 per barrel in 2014.

Russia’s markets bottomed out, losing 45%, and the ruble dropped to a record low against the dollar.”.. (Excerpt from the Washington Times)