US Stocks Move Broadly Lower as Ukraine Tensions Persist

US Stocks Move Broadly Lower as Ukraine Tensions Persist
American flags fly outside the New York Stock exchange on Jan. 14, 2022. Mary Altaffer/AP Photo
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Technology companies led a broad slide for stocks on Wall Street in afternoon trading Thursday, chipping away at the weekly gains for major indexes.

The S&P 500 fell 1.5 percent as of 1:48 p.m. Eastern, on pace for its first loss in three days. The Dow Jones Industrial Average fell 421 points, or 1.2 percent, to 34,512, and the tech-heavy Nasdaq composite fell 2.1 percent.