Print

Ukraine conflict weighs on markets; Retailers fall

By The Associated Press
Posted 4:06PM on Thursday 28th August 2014 ( 9 years ago )
Worsening tensions in Ukraine and some weak showings from retailers are sending U.S. stocks lower for the first time this week.<br /> <br /> Ukraine's president said Russian forces have entered his country. He called an emergency meeting of his nation's security council.<br /> <br /> Several retailers fell after releasing results or outlooks that disappointed investors. Williams-Sonoma plunged 12 percent and Abercrombie & Fitch fell 5 percent.<br /> <br /> The Dow Jones industrial average fell 42 points, or 0.3 percent, to 17,079 Thursday. The Dow is coming off three days of gains.<br /> <br /> The Standard & Poor's 500 index fell three points, or 0.2 percent, to 1,996.<br /> <br /> The Nasdaq composite fell 11 points, or 0.3 percent, to 4,557.<br /> <br /> Bond prices rose. The yield on the 10-year Treasury note fell to 2.34 percent.
New York Stock Exchange (AP Photo/Mark Lennihan, File)

http://accesswdun.com/article/2014/8/278864

© Copyright 2015 AccessNorthGa.com All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.