Stocks are closing lower on Wall Street Tuesday after Russia sent forces into Ukraine’s eastern regions, escalating tensions.
The benchmark S&P 500 index fell and is now more than 10% below it’s all-time high set in January, what’s known as a “correction.” The Dow Jones Industrial Average and Nasdaq also lost more than 1%.
On Tuesday:
The S&P 500 fell 44.11 points, or 1%, to 4,304.76.
The Dow Jones Industrial Average fell 482.57 points, or 1.4%, to 33,596.61.
The Nasdaq fell 166.55 points, or 1.2%, to 13,381.52.
The Russell 2000 index of smaller companies fell 29.16 points, or 1.5%, to 1,980.17.
For the year:
The S&P 500 is down 461.42 points, or 9.7%.
The Dow is down 2,741.69 points, or 7.5%.
The Nasdaq is down 2,263.45 points, or 14.5%.
The Russell 2000 is down 265.14 points, or 11.8%.
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
