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Why Russian Stocks Keep Crashing

TheMotleyFool

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As Ukraine declared a state of emergency in response to Russia's deployment of troops, Russian stocks declined for a second straight day on Wednesday.

As of 1 p.m. ET, shares of:

It's no great mystery why. Following a rambling, near-hour-long televised address by Russian President Putin on Monday, on Tuesday Russian troops and tanks began moving into the self-styled "Donetsk People's Republic" and "Lugansk People's Republic" -- the two Ukrainian "statelets" that Russian proxy forces carved out of Ukraine in 2014 following their invasion of Crimea.

Source Fool.com

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