Possible scenario
Strike Campaign Intensifies
−0.6%
Russia follows the latest attack with additional missile and drone waves targeting high-voltage substations, thermal plants and district heating nodes. The campaign strains Ukrainian air defenses and forces Kyiv to prioritize electricity for water, rail, hospitals and military logistics.
What it moves
- Utilities−0.8%
- Industrials+0.5%
- Market volatility
- Riskier companies' borrowing costs
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