Global stocks tumbled Thursday while bonds and oil soared as Russian President Vladimir Putin’s decision to order a military attack on Ukraine cast a pall over global markets.The S&P 500 and Nasdaq 100 slid, with the latter down 3.2%, putting the gauge at risk of a bear market. The Stoxx 600 Europe index shed 3.8% and Asian equities fell to the lowest since 2020. Russian shares slumped the most on record after a trading suspension ended.Russian military vehicles breached the Kyiv region from Belarus to the north, Ukrainian officials said, after tanks reportedly rolled earlier into Ukraine from Crimea. Putin said Russia doesn’t plan to “occupy” its neighbor but that action was necessary after the U.S. and its allies crossed Russia’s “red line” by expanding the NATO alliance.
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