Reports of renewed conflict in Ukraine wipe out US stock market gain
NEW YORK, N.Y. - Reports of renewed fighting in Ukraine are sending stocks lower in midday trading.
Major U.S. indexes are still headed for a solid gain for the week.
Stocks opened higher but turned lower in mid-morning trading Friday following reports that Ukrainian soldiers attacked a Russian military convoy that had entered the country.
Bond prices rose as investors sought safety, driving the yield on the 10-year Treasury note down to 2.32 per cent, its lowest level this year.
The Dow Jones industrial average was down 78 points, or 0.5 per cent, to 16,635 as of noon Eastern time. It was up 61 points earlier.
The Standard & Poor's 500 fell seven points, or 0.4 per cent, to 1,947. The Nasdaq lost seven points, or 0.2 per cent, to 4,445.
Read more Business News
- Shopping cart fireKelowna - 11:37 am
- Joe Rich wildfire containedKelowna - 11:28 am
- Back to schoolBC - 6:47 am
- Castanet's weekly weatherCentral Okanagan - 5:00 am
|QHR Technologies Inc||1.27||-0.10|
|Anavex Life Sciences||0.2195||-0.0035|
|Copper Mountain Mining||2.40||-0.26|
|Sunrise Resources Ltd||0.02||-0.005|
|Mission Ready Services||0.27||-0.02|
“Is this a fair offer from ICBC?”…. “How much should I settle for?”… “What is my claim worth?” These are just some of the questions I regularly get as...
Last night I was privileged to be able to speak at the Greater Westside Board of Trade business awards dinner. Photo: ContributedI talked about Innovation and Collaboration which are two very interes...
There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her W...