Business

Stockmarkets remained jittery amid the possibility of a Russian invasion of Ukraine. The S&P 500 dropped by almost 2% in a day and the Nasdaq by almost 5% over two days as America warned that a Russian invasion was imminent. The disquiet spread to European markets, where share prices of airlines, which would see flight schedules disrupted by no-fly conflict zones over eastern Europe, were hit particularly hard. Trading seesawed in reaction to the latest diplomatic moves.