Dow tumbles 500 points as Ukraine-Russia crisis deepens

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Dow tumbles 500 points as Ukraine-Russia crisis deepens
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Dow tumbles 500 points on investor worries over escalating tensions on the border of Ukraine where the threat of a Russian invasion looms.

John Minchillo / AP fileU.S. stocks contracted Friday on investor worries over escalating tensions on the border of Ukraine where the threat of an invasion by Russia looms.

The Nasdaq Composite Index shrunk roughly 2.8 percent in the mid-afternoon to 13,791.15 while the Dow Jones and S&P 500 gave up about 1.4 percent and 2 percent, respectively. The 10-year Treasury yield climbed just above 2 percent for the first time since 2019. The market selloff followed warnings from U.S. officials about what to expect from the Ukraine-Russia crisis. At a White House press conference on Friday, n

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