Share report: European shares close low, investors wary as US-Russia tensions rise

Rising tensions between the US and Russia over the Crimea conflict weighed on investor sentiment today.

27th March, 2014
In Dublin, the Iseq was down 0.3%

Rising tensions between the US and Russia over the Crimea conflict weighed on investor sentiment today.

US president Barack Obama called on Europeans to boost their military spending and said that if Russia continues on its current path, deeper international isolation must follow.

Weaker commodities hit mining stocks and a ruling by the US Federal Reserve that blocked some European banks’ programmes for higher dividends and share buybacks sent some banking stocks lower.

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