Mar 18, 2014

Morning Market Report

Markets surge worldwide -- even in Crimea.

The market is up 37 points.The Dow Jones was up 182 at 16,247 — the market jumped early in the session after positive leads from Europe and closed near the highs in a 200 point range. Volume was again light.

In Crimea — markets remained calm following the non-violent referendum where 95.5% voted to break away from Ukraine and join the Russian Federation. Crimea’s government officially asked Russia to annex the region. Vladimir Putinhas signed an order recognising Crimea’s sovereignty and Russia’s lower house of parliament said it will pass legislation allowing Crimea to join the nation in the “very near future”.

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