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Dow sinks 300 points and oil prices surge as Putin moves troops into Ukraine

Wall Street stocks opened lower on Tuesday amid fears that Russia is moving troops into Ukraine’s eastern regions as a prelude to a full-scale invasion. 

The Dow Jones Industrial Average fell more than 300 points, or nearly 1 percent, in early trading before recovering from session lows in choppy trading.

The Nasdaq and S&P 500 swung between gains and losses as investors digested Russian leader Vladimir Putin’s moves in Ukraine, which the White House is calling ‘the beginning of an invasion.’ 

West Texas Intermediate (WTI) crude, the US benchmark, jumped by more than 3 percent and touched a seven-year high on Tuesday as it peaked at $96. 

U.S. trading was closed Monday for Presidents Day, but markets in Europe and Asia shuddered as Putin moved to secure Russia’s hold on Ukraine´s rebel…

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