The Dow Jones Industrial Average (DJI) spent the entire session in the red, as fear over Russia mobilizing troops along Ukraine's eastern border overshadowed a pair of upbeat economic reports. At its lowest point in the day, the blue-chip barometer was off nearly 200 points, before paring its losses to 140 points at the close -- its second triple-digit decline in the past four sessions.
Continue reading for more on today's market, including:
The Dow Jones Industrial Average (DJI - 16,429.47) fell to the 16,369.55 mark earlier -- its lowest level since May 20 -- before finishing the day with a 139.8 point, or 0.8%, deficit, as 27 of the Dow's 30 components finished in the red. Intel Corporation (NASDAQ:INTC) paced the decliners, giving back 3%, while The Boeing Company's (NYSE:BA) 1.1% gain led the pair of outperformers. The Home Depot, Inc. (NYSE:HD) finished flat.
The S&P 500 Index (SPX - 1,920.21) closed south of its 80-day moving average for the first time since April 14, finishing the session 18.8 points, or 1%, lower. Meanwhile, the Nasdaq Composite (COMP - 4,352.83) fared the best of the group, closing down 31.1 points, or 0.7%.
The CBOE Volatility Index (VIX - 16.87) jumped 1.8 points, or 11.6%, to reclaim its perch atop the 16 mark.
5 Items on Our Radar Today:
For a look at today's options movers and commodities activity, head to page 2.
Why OIH Is Finding Key Support at $52
Featured Partners: AOL DailyFinance
© 2014 Schaeffer's Investment Research, Inc. 5151 Pfeiffer Road, Suite 250, Cincinnati, Ohio 45242
Phone: (800) 448-2080 FAX: (513) 589-3810 Int'l Callers: (513) 589-3800 Email: email@example.com
All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Market Data provided by QuoteMedia.com | Data delayed 15-20 minutes unless otherwise indicated.