SET Index Plunges 20pts after Russia Launches Military Operation in Ukraine, US Futures Drop 2%

Thailand’s SET Index plunged 19.34 points or 1.14% to 1,677.11 points as of 10:55 local time after the Russian President Vladimir Putin said he had authorized a military operation in Ukraine and gave a warning that Kremlin will respond immediately to those that intervene.

“Russia will respond immediately and you will have consequences that you never have had before in your history,” he said.

Explosions have been reported across Ukraine since earlier this morning.

Dow Jones Futures dropped 718 points or 2.17% to 32,413.20 points. Meanwhile, S&P 500 Futures fell 2.05% and Nasdaq Futures plunged 2.43%.