The Turkish military shot down a Russian fighter jet along the Syrian border, prompting global stock markets to fall. President Putin described the act as “a stab in the back”.
The Stock Europe index fell by 1.7%, while the Dow Jones Industrial Average lost 79 points. The S&P 500 lost 0.4%, while the Nasdaq Composite lost 0.5%.
Australia’s S&P ASX 200 fell by 1%, Hong Kong’s Hang Seng Index went down by 0.4%, while Japan’s Nikkei Stock Average however rose by 0.2%. Oil and gold prices also rose.
Global Stocks Fall As Turkey Shoots Down Russian Jet
