Skip to Content

Asian shares slide as Russia shells Ukraine nuclear plant

<i></i><br/>
KMIZ

By ELAINE KURTENBACH
AP Business Writer

BANGKOK (AP) — Shares have fallen in Asia after another bumpy day on Wall Street, as investors remain concerned about the broader impact of Russia’s invasion of Ukraine. Russian troops were shelling Europe’s largest nuclear power plant early Friday, raising worries over radiation risks. Shares fell more than 2% in Tokyo and Hong Kong and declined in most other Asian markets. The S&P 500 fell 0.5% Thursday and the Nasdaq fell 1.6% as technology companies led the way lower. Oil prices eased back from their recent highs and European markets also closed lower. Federal Reserve Chair Jerome Powell warned the fighting in Ukraine is likely to further magnify the high inflation troubling world economies.

Article Topic Follows: AP National Business

Jump to comments ↓

associatedpress

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content