Cisco, Home Depot Lead The Dow Lower Amid Escalating Russia-Ukraine Tensions

U.S. indices fell sharply Wednesday amid escalating Russia-Ukraine tensions. President Biden on Tuesday announced sanctions targeting some Russian banks and individuals.

  • The Nasdaq composite traded lower by 2.57% to 13,037; The Invesco QQQ Trust Series 1 QQQ lost 2.56% to $329.42
  • The S&P 500 traded fell by 1.84% to 4,225; The SPDR S&P 500 ETF Trust SPY lost 1.77% to $421.98
  • The Dow Jones composite traded lower by 1.41% to 11,091; The SPDR Dow Jones Industrial Average ETF Trust DIA finished lower by 1.36% to $331.44

Here are the day's winners and losers from the Dow Jones, according to data from Benzinga Pro.

Chevron Corporation CVX and Intel Corporation INTC were among the only gainers for the DIA.

Cisco Systems Inc CSCO, Home Depot Inc HD and JPMorgan Chase & Co JPM were among the top losers for the Dow Jones.

Elsewhere On The Street

Snap Inc. SNAP shares were attempting a bounce-back Wednesday after seeing a few down days in a row… Read More

Tesla Inc. TSLA CEO Elon Musk has taken a dig at Ethereum ETH/USD co-creator Vitalik Buterin and Web 3.0 by posting a meme on Twitter… Read More

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two popular restaurant chains: Denny's Corp DENN and Shake Shack Inc SHAK... Read More

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!