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.
A cooling tower of a fossil-fuel-burning power plant in Indiana. The U.S. has adopted a policy of encouraging fossil fuels, a major contributor to climate change.
The Future Investment Initiative, a centerpiece of Saudi efforts to diversify its economy from its reliance on the energy industry, was set to begin next week.
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