Wall Street sinks 1% on Ukraine, data

Financial markets were rattled by geopolitical flare-ups on Thursday, sending US stocks tumbling to their worst losses in months and investors reaching for the safety of gold and Treasury bonds.

Financial markets were rattled by geopolitical flare-ups on Thursday, sending US stocks tumbling to their worst losses in months and investors reaching for the safety of gold and Treasury bonds.

Stocks slid to session lows around midday after a Malaysia Airlines passenger jet crashed near the Russia-Ukraine border. Selling accelerated late in the day after the Israeli military began a ground invasion into the Gaza Strip.

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