US stocks close in red after Biden makes claims about Russia

Nasdaq drops 2.88%, Dow has worst day of 2022

By Gokhan Ergocun

ISTANBUL (AA) - US stocks closed for a fourth straight day in the red following President Joe Biden's claim that Russia will invade Ukraine within days.

After Moscow announced a partial withdrawal from the Ukrainian border on Wednesday, world markets posted positive signals, including US stocks.

The blue chip Dow Jones industrial average lost 1.78%, or 622.24 points, to 34,312.03 -- the worst transaction day in 2022.

The S&P 500 was off 94.75 points, or 2.12%, to close at 4,380.26.

The tech-heavy Nasdaq also ended in negative territory, losing 407.38 points, or 2.88%, at 13,716.72.

Asian stocks ended with slight gains and Europe posted declines.

Turkiye's BIST 100 index closed at 2,009.99 points, down 1.54%.

Kaynak:

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