: :inin Kyiv (EET)

Stocks Are Sliding And Traders Are Blaming The Latest On Russian Troop Movements


Stocks are sliding. The Dow was down as much as 150 points to 16,420. The S&P 500 was off 19 points, nearly 1%, to 1,920. The NASDAQ was off 33 to 4,351. Intel was down 3% on major volume. Target also fell after profits missed forecasts. Headlines about Russian troop movement near the border of Ukraine is one possible explanation for what’s spooking stocks. There’s also been a ramp-up in talk that the Fed could accelerate the end of its dovish environment monetary, whether through accelerating the tapering of its bond-buying program or raising interest rates sooner than expected. …read more

Source: Business Insider

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