Global stocks mixed as investors worry about Russia-Ukraine tensions and upcoming Fed plans

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Global stocks mixed as investors worry about Russia-Ukraine tensions and upcoming Fed plans
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Global stocks were mixed Tuesday, after a dramatically volatile day on Wall Street fueled by concerns over the US Federal Reserve's plans to hike interest rates and tensions in Ukraine

Markets in Asia Pacific fell sharply throughout the day, with Australia's S&P/ASX 200 and Japan's benchmark Nikkei closing down 2.5% and 1.7%, respectively. South Korea's Kospi dropped 2.6%. Chinese markets saw losses, too, with the benchmark Shanghai Composite Index down 2.6%. Hong Kong's Hang Seng Index fell 1.8%. The dip in Asian markets was followed by a slight rebound for European stocks on Tuesday.

However, US futures pointed down overnight on Tuesday, with Dow futures, S&P 500 futures, and Nasdaq futures tracking 0.8%, 1.2% and 1.6% lower, respectively. A lot to digestInvestors have a lot on their plate this week.Traders are anxiously watching the situation in Ukraine as fears mount that the country could be invaded by Russia.

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