Wall: Dow futures ‘dive’ of 400 points, at 1.4% Nasdaq and S&P 500

LAST UPDATE: 13.30

Wall futures are receding in the wake of Vladimir Putin’s announcements that alerted Russian deterrents, which reportedly include nuclear capabilities, in response to new severe Western sanctions over Russia’s invasion of Ukraine.

Investors are watching developments with the Russian invasion of Ukraine in view of the negotiations that started at noon between the delegations of Kiev and Moscow, “without preconditions”, as announced by the Ministry of Defense of Ukraine.

The United States and its allies have announced new sanctions and measures to hit Russia, such as expelling selected Russian banks from the SWIFT interbank messaging system.

Many countries have also stated that they will close their airspace to Russian aircraft.

In this climate the futures of the industrial Dow Jones slide by 400 points, the futures of the wider S&P lose 1.4% and the futures of the technological Nasdaq they also record losses of 1.4%.

It is noted that the American market closed with a strong two-day rally last week, managing to write off the losses and finally close in positive territory on a 5-day basis.

In particular, the Dow fell less than 0.1%, the S&P 500 rose 0.8% and the Nasdaq Composite climbed 1.1%.