Ukraine Conflict Weighs On Markets; Retailers Fall
Worsening tensions in Ukraine and some weak showings from retailers are sending U.S. stocks lower for the first time this week. Ukraine’s president Petro Poroshenko said Russian forces have entered his country and called an emergency meeting of his nation’s security council. Several retailers fell after releasing results or outlooks that disappointed investors. Williams-Sonoma plunged 12 percent and Abercrombie & Fitch fell 5 percent.
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