Saturday, March 28, 2015

Ukraine jitters send US stocks slightly lower

New jitters over Russian entry into Ukraine send US stocks lower in early trading; Eye on Fed
Posted on Aug. 22, 2014 at 12:00 a.m. | Updated on Aug. 22, 2014 at 9:39 a.m.

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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