Renewed concerns that tensions could flare up between Russian and Ukraine pushed U.S. stocks sharply lower Tuesday. Several traders pointed to news reports of a buildup in Russian troops on the Ukraine border and comments from a Polish politician that reportedly said Russia was poised to invade or pressure Ukraine’s eastern border as catalysts for the selling.On Tuesday:The Dow lost 139.81 points, or 0.8 percent, to close at 16,429.47.The Standard & Poor’s 500 index fell 18.78 points, or 1 percent, to 1,920.21.The Nasdaq composite fell 31.05 points, or 0.7 percent, to 4,352.84.For the week:The Dow is down 63.90 points, or …read more
Source: The Jakarta Post
