All 11 sectors of the S&P 500 index were trading in negative territory Thursday morning, led by a sharp slide in financials
SP500.40,
and technology
SP500.45,
Even the energy sector
SP500.10,
which has been buoyant, amid the rising belligerence between Russia and Ukraine were trading lower, were under pressure, down 0.4%.
Financials were down 1.8% and tech was off by nearly 2%. Consumer staples
SP500.30,
were attempting to punch into positive territory but were off less than 0.1%, at last check Thursday morning.
President Joe Biden told reporters Thursday morning that a Russian invasion could happen in the next “several days.” U.S. Secretary of State Antony Blinken was set to speak about “Russia’s threat to peace and security” at a United Nations Security Council meeting at 10 a.m. Eastern time, the State Department announced.
The S&P 500 index
SPX,
was trading 1.2% lower at 4,421, the Dow Jones Industrial Average
DJIA,
was down 1.2% at 34,527, and the Nasdaq Composite Index
COMP,
also was off 1.2%.
This post was originally published on Market Watch
