Wall Street Opens Lower as West Ratchets Up Sanctions Against Russia

Wall Street Opens Lower as West Ratchets Up Sanctions Against Russia
A street sign on Wall Street outside the New York Stock Exchange, on Sept. 18, 2007. (Brendan McDermid/Reuters)
Reuters
2/28/2022
Updated:
2/28/2022

Wall Street’s main indexes fell at the open on Monday as investors assessed the fallout from a new set of sanctions imposed by the Western countries on Russia over its invasion of Ukraine.

The Dow Jones Industrial Average fell 188.13 points, or 0.55 percent, at the open to 33,870.62. The S&P 500 opened lower by 30.48 points, or 0.70 percent, at 4,354.17, while the Nasdaq Composite dropped 123.80 points, or 0.90 percent, to 13,570.83 at the opening bell.