European stocks dropped to their lowest level in a month as investors sold shares in companies from AP Moeller-Maersk A/S to Valeo SA, while Russia and Ukraine continued their standoff over the region of Crimea. U.S. index futures and Asian shares also fell.
U.K. stocks dropped for a fourth day as Russia hardened its stance on Ukraine and companies including British American Tobacco Plc and HSBC Holdings Plc traded without the rights to their latest dividends.
Emerging-market stocks fell to a one-month low and currencies weakened as Chinese shares in Hong Kong approached a bear market before data tomorrow that may add to signs the world’s second-biggest economy is faltering.
Asian stocks fell, with the regional benchmark set for its biggest decline in five weeks, as Japanese equities sank on a stronger yen and mining companies slid amid concern about China’s economic outlook.
Barack Obama’s meeting with Ukraine’s prime minister today raises the stakes in his attempt to confront Russian President Vladimir Putin’s ambitions in Crimea and preempt its spread to other countries in the region.