Ukraine’s Foreign Minister Kubela Dmytro said on Thursday that fire from a tank had been recorded in Eastern Ukraine. This follows mortar fire and shelling throughout Thursday morning that was only reported to have stopped at 1300 local time. 

Market Reaction

The latest run of Russia/Ukraine/NATO headlines, which suggest more violence in Eastern Ukraine and worsening tensions, are weighing on sentiment, with the S&P 500 now trading more than 1.0% lower on the day. 

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