COM - Tensions over Ukraine hit stocks energy commodities and safe-havens

U.S. markets were closed for Presidents' Day on Monday, but intensifying tensions between the West and Russia was on full display in the global markets. Russia's benchmark stock index, the MOEX, plunged 10.5% for its largest daily percentage decline since the invasion of Crimea in 2014, while the pan-continental Stoxx Europe 600 slid 1.3%. Jitters are also showing up in America, with futures contracts tied to the Dow and S&P 500 slipping 1.3% and 1.5% early on Tuesday, while the Nasdaq fell back 2.2%. Analyst commentary: "A limited invasion of Donbas would be a temporary headwind on risk assets, but we would not view that as a bearish gamechanger unless it spiraled into a broader conflict between Russia and the NATO [which again is unlikely at this point]," Kinsale Trading wrote in a research note. In Goldman Sach's worst case scenario, a 10% decline in the Russian ruble would push the S&P 500 down another 6% compared to

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Tensions over Ukraine hit stocks, energy, commodities and safe-havens