Wall Street Slides Over 1 Percent as Russia Attacks Ukraine

Wall Street Slides Over 1 Percent as Russia Attacks Ukraine
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, on Feb. 18, 2022. Brendan McDermid/Reuters
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U.S. stock indexes slid more than 1 percent on Thursday, led by losses in bank stocks, as Russia’s all-out invasion of Ukraine sparked a widespread selloff in global markets.

On the benchmark S&P 500, all the 11 major sectors slipped into the red, with financial stocks falling 2.9 percent, while tech and consumer discretionary stocks lost more than 1 percent each.