Wall Street Opens Lower as Ukraine War Fears, Sanctions Rattle Investors

A street sign for Wall Street is seen outside of the New York Stock Exchange (NYSE) in New York City, N.Y., on June 28, 2021. (Andrew Kelly/Reuters)

Wall Street’s main indexes opened lower on Tuesday (Feb. 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 percent, at the open to 33,974.09.

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