Global markets took on a tentative tone on Monday as investors struggled to gauge the impact of the weekend’s shortlived armed revolt in Russia and continued to contemplate a general weakening economic outlook.
Wall Street’s benchmark S&P 500 closed 0.4 per cent lower, while the tech-heavy Nasdaq Composite ceded 1.2 per cent.
The moves echoed declines elsewhere, with the pan-European Stoxx 600 falling 0.1 per cent, dragged down by a defence sector sell-off.
Read the full story on the Financial Times here.