Ukraine fears weigh on global stock markets

Traders work on the floor of the New York Stock Exchange (NYSE) just after the opening bell on August 12, 2011 in New York City. Global markets have continued to rise and fall throughout the week as conflicting news emerges about the health of the global economy. (Spencer Platt, Getty Images)
Traders work on the floor of the New York Stock Exchange (NYSE) just after the opening bell on August 12, 2011 in New York City. Global markets have continued to rise and fall throughout the week as conflicting news emerges about the health of the global economy. (Spencer Platt, Getty Images)
Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 8/28 10:30 am

Worsening tensions in Ukraine are sending markets lower, overshadowing an encouraging report on U.S. economic growth.

Ukraine's president declared that Russian forces have entered his country and called an emergency meeting of the nation's security council.

The Dow Jones industrial average fell 64 points, or 0.4 percent, to 17,056 as of 9:35 a.m. Thursday. The Dow has risen for the previous three days and it's still higher for the week.

The Standard & Poor's 500 index fell seven points, or 0.4 percent, to 1,992.

The Nasdaq composite fell 17 points, or 0.4 percent, to 4,552.

European markets also fell. Germany's DAX lost 1.4 percent and France's CAC-40 fell 0.7 percent.

Bond prices rose as investors sought out lower-risk assets. The yield on the 10-year Treasury note fell to 2.32 percent.

 

©2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Share
Featured Partners
www.eastridgeretirementcenter.com
The newly modeled East Ridge Residence is a must see with its spacious comfortable apartments. Plus, 3 delicious meals daily, geriatric physician, home healthcare services and fun festive activities. Schedule your visit today!
www.ameripriseadvisors.com/james.m.scotchie
Together we can make a confident retirement possible. Simply click to get started with your private wealth advisor. Talk to Jimmy Scotchie, Certified Financial Planner.
www.comcast.com/cable-internet-packages.html
Get started at $79.99 a month for 12 months. Plus, get a $75 VISA® Prepaid card.
 
Supermarket Guru
From The Archives
Scenic City Roots
Through Irish Eyes
Brand News
Prime Mashup
What's Trending
Megan Wise Goes Outside
Stay Connected with WDEF News 12
 
Inergize Digital This site is hosted and managed by Inergize Digital.