News Column

Ukraine jitters send US stocks slightly lower

August 22, 2014



NEW YORK (AP) Stocks are little edging lower in early trading amid concerns of an escalation in the Ukrainian crisis after a Russian aid convoy entered the country.

Investors are also looking ahead to a meeting of central bankers for clues about when the U.S. Federal Reserve might start raising interest rates.

The Dow Jones industrial average fell 20 points, or 0.1 percent, to 17,018 as of 9:37 a.m. Eastern time Friday.

The Standard & Poor's 500 fell three points, or 0.1 percent, to 1,989. The index closed at a record high the day before.

The Nasdaq composite fell five points, or 0.1 percent, to 4,527.

Gap rose 3 percent after reporting higher profit in the latest quarter.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.40 percent.


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Source: Associated Press


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