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


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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 (NASDAQ: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 (NASDAQ: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 (NASDAQ:DIA) finished lower by 1.36% to $331.44

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

Chevron Corporation (NYSE:CVX) and Intel Corporation (NASDAQ:INTC) were among the only gainers for the DIA.

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

Elsewhere On The Street

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

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has taken a dig at Ethereum (CRYPTO: ETH) 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 (NASDAQ:DENN) and Shake Shack Inc (NYSE:SHAK)... Read More


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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