Wall Street closed sharply lower Friday for the second consecutive session, with investors worried regarding the worsening tension between Russia and Ukraine.
Most of the eleven major sector indices fell The Standard & Poor’s 500 Index is led by the technology sector. The energy sector index rose as oil prices rose to their highest level in seven years.
Shares of Apple, Amazon, Nvidia and Microsoft fell and affected more than any other sectors the decline of the S&P 500.
According to preliminary data, the Standard & Poor’s 500 index fell by 85.76 points, or 1.90, to close at 4418.32 points, while the Nasdaq Composite Index lost 400.02 points, or 2.83%, to 13784.13 points.
The Dow Jones Industrial Average fell 510.12 points, or 1.45%, to 3,471.47 points.
