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The turmoil in Ukraine is spooking world markets. U.S. stocks tumbled by the largest margin
in a month and the price of crude oil rose sharply on Monday as traders feared Russian
exports could be affected by sanctions. The Dow Jones industrial average dropped zero-point-9
percent, to 16-thousand-1-hundred-68. The S&P 500 index fell zero-point-7 percent,
the biggest drop since February 3rd. European markets fared even worse.
Britain's FTSE index dropped 1-and-a-half percent, Germany's DAX 3-point-4 percent and
Russia's benchmark stock index plunged TWELVE percent.
Gold -- a traditional safe haven in times of uncertainty -- rose 2-point-2 percent to
13-hundred-50 dollars an ounce, its biggest gain of the year.