U.S. indices fell sharply Wednesday amid escalating Russia-Ukraine tensions. President Biden on Tuesday announced sanctions targeting some Russian banks and individuals.
- The Nasdaq composite traded lower by 2.57% to 13,037; The Invesco QQQ Trust Series 1 (NASDAQ: QQQ) lost 2.56% to $329.42
- The S&P 500 traded fell by 1.84% to 4,225; The SPDR S&P 500 ETF Trust (NASDAQ: SPY (NYSE:SPY)) lost 1.77% to $421.98
- The Dow Jones composite traded lower by 1.41% to 11,091; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: NYSE:DIA) finished lower by 1.36% to $331.44
Chevron Corporation (NYSE: NYSE:CVX) and Intel Corporation (NASDAQ: NASDAQ:INTC) were among the only gainers for the DIA.
Cisco Systems Inc (NASDAQ: NASDAQ:CSCO), Home Depot Inc (NYSE: NYSE:HD) and JPMorgan Chase & Co (NYSE: NYSE:JPM) were among the top losers for the Dow Jones.
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Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has taken a dig at Ethereum (CRYPTO: ETH) co-creator Vitalik Buterin and Web 3.0 by posting a meme on Twitter… Read More
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