Index giant S&P Dow Jones Indices said Friday it is removing all stocks listed and/or domiciled in Russia from its benchmarks in light of the country’s invasion of Ukraine, further isolating the nation from the global economy.

The removal, effective prior to the open next Wednesday, also affects Russian American depositary receipts (ADRs), S&P Dow Jones Indices said.

The firm, which is the keeper of the Dow Jones Industrial average and the S&P 500, also said it will declassify Russia as an emerging market and categorize it as a standalone group.

As Russian forces attackedEarly Friday morning saw Europe’s second-largest nuclear power plant in Ukraine. This caused an explosion at the nearby training facility. According to the U.S. Embassy in Kyiv, this attack was a war crime.

Earlier Friday, the NYSE halted trading in three Russian ETFs — Franklin FTSE Russia ETF (FLRU), iShares MSCI Russia ETF (ERUS) and Direxion Daily Russia Bull 2X Shares (RUSL). For these stops, the exchange stated that it had “regulatory concern”.

Russian stock market has been in tailspin ever since geopolitical tensions escalated. It is difficult to believe that the geopolitical tensions have accelerated. iShares MSCI Russia ETF tumbled 33.4% for its worst day Tuesday since the fund’s inception in 2010, and after losing 27.9% on Monday.

A majority of shares in the VanEck Russia ETFThe month ended February with a loss of 54.9%. It was its most difficult month.