EQUITIES around the world plunged, with the MOEX Russia Index collapsing as much as 45% and the ruble sinking to a record low. In Europe, the Stoxx 600 Index was 3.6% lower at 5:50 a.m. Eastern Time, while U.S. stock futures pointed to a significant drop at the open. In bond markets, European sovereign debt rallied while the yield on the 10-year Treasury dropped below 1.9%. The dollar rose, gold rallied close to $1,950 an ounce and Bitcoin tumbled.
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