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5 Aug 2014
Stocks decline hard; triple digit drop for the Dow
FXStreet (San Francisco) - Wall Street fell hard on Tuesday amid Ukraine crisis and fears that the Fed would hike rates sooner than expected.
The Dow and the S&P fell to its lowest levels since May; however, majors finished off of lows of the day.
The Dow Jones declined 139.81 pts or 0.84% to close at 16,429.47; S&P 500 fell 18.78 pts or 0.97% to 1,920.21; while the Nasdaq lost 31.05 points or 0.71% to 4,352.83.
The Dow and the S&P fell to its lowest levels since May; however, majors finished off of lows of the day.
The Dow Jones declined 139.81 pts or 0.84% to close at 16,429.47; S&P 500 fell 18.78 pts or 0.97% to 1,920.21; while the Nasdaq lost 31.05 points or 0.71% to 4,352.83.