Russian drones kill 14 people at a shopping mall in a central Ukrainian city, officials say

KYIV, Ukraine (AP) — Russian drones struck a shopping center in the city of Kryvyi Rih in central Ukraine on Friday, killing 14 people and wounding scores of others, authorities said.

The shopping mall strikes, plus two other separate Russian attacks in the Mykolaiv and Kharkiv regions, left a total of 20 people dead across Ukraine on Friday, authorities said.

Kryvyi Rih is the hometown of President Volodymyr Zelenskyy, who described the attack as a double-tap strike, in which an initial wave of drones hit the area, followed by a second wave as rescue workers responded.

“Attacks like these are nothing less than terrorist acts,” Zelenskyy wrote on social media. In a video address several hours later, he said Ukraine would respond to the shopping mall attack.

Local administration head Oleksandr Vilkul put the death toll at 14, adding that 121 people were injured, including 22 children. He said the rescue operation was ongoing as “the rubble is being cleared.”

Kryvyi Rih has been hit multiple times during the more than 4-year-old war, with one of the deadliest occurring in April 2025, when 20 people, including nine children, were killed.

Earlier on Friday, a Russian drone attack on Ukraine’s Kharkiv region killed two women, aged 73 and 66, and wounded two others, said regional head Oleh Syniehubov.

Another Russian attack on Friday evening killed four people, including three children, in Ukraine’s southern Mykolaiv region, emergency services said.

Ukraine shot down or suppressed 107 out of 135 drones launched by Russia overnight, according to a statement from Ukraine’s air force on Telegram.

Friday’s attacks came just 24 hours after Russia pounded the capital of Kyiv with scores of missiles and drones in a nighttime aerial attack that killed 16 people.

Large-scale Russian strikes have become a regular occurrence this summer. Just over two weeks ago, a Russian attack on Kyiv and its surrounding region killed 17 people, and nine were killed in the city two days before that. The United Nations said last week that Kyiv was one of the hardest hit cities in July, with at least 54 civilians killed and 202 injured.

Moscow’s forces have recently intensified their ballistic missile attacks on Kyiv, exploiting Ukraine’s chronic shortage of U.S.-made Patriot air defense interceptors, the sole weapon in its arsenal able to shoot down the missiles.

A Ukrainian drone attack killed one person and wounded four others when a car was struck Friday in Russia’s Belgorod region near the village of Razumnoye, local officials said, adding that two of the injured were in serious condition.

Earlier, Zelenskyy said a separate Ukrainian drone attack hit an oil refinery in Perm, more than 1,600 kilometers (about 995 miles) from his country’s border. Also struck was the Marinovka military airfield in Russia’s Volgograd region, he said.

The Russian online news outlet Astra reported that the Ukrainian drone had set ablaze a Lukoil-operated oil refinery in Perm. Local officials said damage was recorded at an unidentified “industrial facility.”

Russia’s Defense Ministry said its air defenses overnight intercepted 325 Ukrainian drones over 15 Russian regions, as well as Crimea. The peninsula was illegally annexed by Moscow in 2014.

Later Friday, it said its defenses shot down another 211 drones.

Long-range strikes between Russia and Ukraine have escalated as troops continually fail to make significant battlefield progress, analysts say. Troop movements along the roughly 1,250-kilometer (780-mile) front line in eastern and southern Ukraine are severely restricted by large numbers of drones and ground robots that threaten infantry and vehicles.

In the past year, Ukraine has devised and deployed domestically produced long-range drones for strikes deep inside Russia, capturing the attention of governments and defense manufacturers around the world.

Officials in Kyiv aim to make the Russian public feel the war’s consequences and pressure Russian President Vladimir Putin into negotiating a peace settlement. Putin has so far shown no sign he intends to stop the invasion.

Follow the AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine

In this photo provided by the Ukrainian Military administration, firefighters work on a fire at a shopping mall following a Russian drone attack in Kryvyi Rih, Ukraine, Friday, Aug. 21, 2026. (Ukrainian Military administration via AP)

People embrace each other near a burning shopping mall following a Russian drone attack in Kryvyi Rih, Ukraine, Friday, Aug. 21, 2026. (AP Photo)

In this photo provided by the Ukrainian Emergency Service, firefighters work on a fire at a shopping mall following a Russian drone attack in Kryvyi Rih, Ukraine, Friday, Aug. 21, 2026. (Ukrainian Emergency Service via AP)

FILE - Ukraine's President Volodymyr Zelenskyy looks on during his meeting with U.S. President Donald Trump on the sidelines of the NATO summit in Ankara, Turkey, on July 8, 2026. (AP Photo/Alex Brandon, File)

A man and a child observe a daily nationwide minute of silence in memory of soldiers killed in the war with Russia next to The Wall of Remembrance of the Fallen for Ukraine in Kyiv, Friday, Aug. 21, 2026. (AP Photo/Francisco Seco)

NEW YORK (AP) — U.S. stocks are rising Friday and trimming their losses from what’s been a shaky week. The bond market, which has been the center of Wall Street’s action, remains jumpy, but the moves in yields are not as hectic as earlier in the week and that is helping to keep financial markets relatively calm.

The S&P 500 rose 0.4% and was on track for just its second gain in the six days since setting its all-time high last week. The Dow Jones Industrial Average was up 469 points, or 0.9%, as of 2:26 p.m. Eastern time, and the Nasdaq composite was 0.3% higher.

Ross Stores helped lead the way and climbed 5.4% after reporting stronger profit and revenue for the latest quarter than analysts expected. CEO Jim Conroy said it saw both an increase in new customers and more interest from existing customers, while the off-price retailer at the same time benefited from refunds on tariffs.

Most U.S. companies have reported bigger profits for the spring than analysts expected, which has helped drive the stock market’s run to records recently. Stock prices tend to follow the path of corporate profits over the long term.

The other big lever that helps set stock prices is interest rates, which have been much shakier.

After soaring through the summer and then hesitating earlier this week following a surprise announcement that the U.S. Treasury Department will repurchase more longer-term bonds, yields remained unsettled in the bond market on Friday.

The yield on the 10-year Treasury rose to 4.74% from 4.69% late Thursday. The moves, though, were less sharp than earlier in the week, like when the 10-year yield lost 0.06 percentage points and the 30-year yield dropped nearly 0.10 percentage points on Wednesday.

Contributing to Friday's moves was continued uncertainty about when the war with Iran will allow oil tankers to freely exit the Persian Gulf again. That caused oil prices to flip between gains and losses, which directly affected Treasury yields because higher prices raise worries about inflation.

The price for a barrel of Brent crude oil was most recently up 0.7% at $94.46.

One of the biggest beneficiaries of U.S. Treasury Secretary Scott Bessent’s move to increase the planned repurchases of Treasurys is bitcoin. Cryptocurrencies often rise when interest rates are lower and more money is flowing through the financial system.

Bitcoin has climbed above $77,000 from less than $63,000 a week ago. That helped stocks in the crypto industry lead Wall Street. Robinhood Markets jumped 11.9%, and Coinbase Global gained 9.2%.

The price of gold also climbed and topped $4,680 per ounce from less than $4,440 a week earlier. When Treasurys are no longer paying much more in yield, they get less of an advantage in investors’ eyes over gold, which pays its holders nothing.

That helped drive stocks of miners higher. Newmont climbed 3%, and Freeport-McMoRan jumped 7.7%.

They helped offset drop of 8.7% for OSI Systems, which sells security screening equipment to airports and other specialized electronic systems. It reported weaker revenue for the latest quarter than analysts expected, and CEO Ajay Mehra said it was hurt by “the Middle East conflicts which shifted the timing of certain planned deliveries.”

Boston Beer sank 3.1% after the seller of Samuel Adams and Dogfish Head said its chief financial officer is leaving the company and announced an interim replacement.

In stock markets abroad, indexes rose in much of Asia and Europe. Hong Kong’s Hang Seng rose 1.2%, and South Korea’s Kospi climbed 0.9% for two of the world’s bigger moves.

AP Business Writers Chan Ho-him and Michelle Chapman contributed to this report.

Options traders Chris Dattolo, Scott Frinzi, Justin Kanda, and Ravi Bhandari, left to right, work on the floor of the New York Stock Exchange, Monday, Aug. 17, 2026, in New York. (AP Photo/Yuki Iwamura)

Options trader Anthony Spina works on the floor of the New York Stock Exchange, Monday, Aug. 17, 2026, in New York. (AP Photo/Yuki Iwamura)

Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 21, 2026. (AP Photo/Ahn Young-joon)

A currency trader watches monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 21, 2026. (AP Photo/Ahn Young-joon)

Currency traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 21, 2026. (AP Photo/Ahn Young-joon)