The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. "He has kind of an old-school cyber-libertarian world view where technology is there to set you free," Maréchal said. In 2018, Russia banned Telegram although it reversed the prohibition two years later. But the Ukraine Crisis Media Center's Tsekhanovska points out that communications are often down in zones most affected by the war, making this sort of cross-referencing a luxury many cannot afford. Friday’s performance was part of a larger shift. For the week, the Dow, S&P 500 and Nasdaq fell 2%, 2.9%, and 3.5%, respectively.
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