US stocks fall sharply on tech stocks and Ukraine war

Major U.S. stock indices fell on Friday, with technology and growth stocks leading a broad decline and investors worried about the conflict in Ukraine as attention turned to the Federal Reserve’s policy meeting. next week.

Living up to a swing that marked the week, the indexes opened higher – after Russian President Vladimir Putin said that there were “certain positive changes” in the negotiations with Ukraine, without providing details, but they relented during the trading session.

All 11 S&P 500 sector indices closed lower. Communication services fell 1.9% and technology, 1.8%.

The S&P 500 index closed down 1.30% at 4,204.31 points. The Dow Jones fell 0.69% to 32,944.19 points. The Nasdaq Composite technology index fell 2.18% to 12,843.81 points.

The S&P 500 dropped 2.9% for the week and posted its second straight weekly decline. The Dow Jones index lost for the fifth straight week.

Source: CNN Brasil

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