S&P 500 Ends Lower as West Hits Russia With Sanctions

S&P 500 Ends Lower as West Hits Russia With Sanctions
The New York Stock Exchange (NYSE) in New York, on Feb. 24, 2022. Caitlin Ochs/Reuters
Reuters
Updated:

The S&P 500 ended lower after a volatile session on Monday, with investors wrestling with uncertainty and bank stocks dropping following powerful Western sanctions against Russia as it continued its invasion of Ukraine.

Helping the Nasdaq close in positive territory after opening at a loss, electric car makers Tesla and Rivian Automotive jumped 7.5 percent and 6.5 percent, respectively.