Tuesday, May 17, 2022
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Wall Street opens lower as Ukraine war fears, sanctions rattle investors

Wall Street’s main indexes opened lower on Tuesday (February 22) as fears of a war in Europe deepened amid escalating Russia-Ukraine tensions and threats of sanctions, while energy stocks soared as oil prices hit their highest since 2014.

The Dow Jones Industrial Average fell 105.09 points, or 0.31%, at the open to 33,974.09.

The S&P 500 opened lower by 16.13 points, or 0.37%, at 4,332.74, while the Nasdaq Composite dropped 123.71 points, or 0.91%, to 13,424.36 at the opening bell.

(Production: Aleksandra Michalska)

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