2/17/2022, 10:01 PM (Source: TeleTrader)
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US markets drop at close as Ukraine concerns rise

Wall Street suffered sharp losses at the close on Thursday as the potential conflict in Ukraine continues to unsettle market participants and launched gold to a June 2021 high. Russian forces are approaching Ukraine, according to a United Kingdom media report. Elsewhere, the United States added Chinese giants Alibaba and Tencent it "notorious markets" list.

The Dow Jones Industrial Average index closed with a 1.78% or a 622-point loss as Salesforce fell 5.53%. The Nasdaq 100 decreased 2.96% at the close, pulled down by MercadoLibre's 9.95% drop. The S&P 500 was 2.12% lower at the end of trading with Albemarle Corp, its worst performer, tumbling 19.91%.

The euro was 0.19% down compared to the dollar, going for 1.13602 at 3:59 pm ET.

Baha Breaking News (BBN) / MS