- Joined
- Jan 28, 2006
- Messages
- 42,827
- Reaction score
- 1,505
Our DOW is down 200 points because of this.
The Dow fell over 200 points on Monday, sliding along with other markets around the world, as worries about Russian intervention in Ukraine had investors fleeing assets perceived as risky.Gold prices rose and U.S. Treasury yields fell on heightened tensions involving Russia's threat to use military force in Ukraine, which mobilized its army and requested foreign observers. Secretary of State John Kerry was on his way to Kiev Monday after saying Russia risked possible sanctions.
The Dow Jones Industrial Average was 233 points, or 1.4 percent, lower in early afternoon trading, while the S&P 500 lost 23 points and the Nasdaq was 65 points down.
On the New York Mercantile Exchange, gold futures for April delivery rose $32.50, or 2.5 percent, to $1,354.10 an ounce. Crude-oil futures for April delivery added $2.30, or 2.2 percent, to $104.89 a barrel.