World shares fall as Russian troops gain ground in Ukraine – Economy – War in Ukraine
A currency trader walks near the screens showing the foreign exchange rates at a foreign exchange dealing room in Seoul, South Korea, Friday, March 4, 2022. AP
Stock benchmarks fell in Europe and Asia and U.S. futures edged lower.
Russian forces gained ground, shelling Europe’s largest nuclear power plant and sparking a fire early Friday as they pressed their attack on a crucial energy-producing Ukrainian city.
But authorities said the blaze was safely extinguished with no victims. U.S. Energy Secretary Jennifer Granholm tweeted that the Zaporizhzhia plant’s reactors were protected by robust containment structures and were being safely shut down.
Germany’s DAX lost 1.4% to 13,493.83 and the CAC 40 in Paris gave up 1.6% to 6,278.15. Britain’s FTSE 100 declined 1.5% to 7,128.24.
On Wall Street, the future for the benchmark S&P 500 was 0.5% lower and the future for the Dow Jones Industrial Average lost 0.4%.
The S&P 500 fell 0.5% on…
