The S&P 500 index fell over 1.4 percent, its largest daily decline since July, while the tech-heavy Nasdaq slumped nearly 2.5 percent, that index’s biggest one-day decline since June.
Russia has sought to separate the war in Ukraine from potential business deals and diplomacy with the United States. Its efforts now appear to be working.
Renewed hostilities might not be any more successful than the war’s first phase, and President Trump has repeatedly canceled plans for a return to major combat.