Ukraine tensions pull US stocks modestly lower
Published on Aug 29, 2014 4:50 AM
NEW YORK (AFP) - US stocks fell modestly Thursday as rising fears about renewed tensions between Ukraine and Russia outweighed a batch of encouraging US economic data.
The Dow Jones Industrial Average fell 42.44 points (0.25 per cent) to 17,079.57, while the tech-rich Nasdaq Composite dropped 11.93 (0.26 per cent) to 4,557.69.
The broad-market S&P 500 pulled back from Wednesday's record close, shedding 3.38 (0.17 per cent) at 1,996.74.
The indices finished off their lows of the morning, when shares were pressured by news that Russian forces were inside Ukraine helping support pro-Kremlin separatists who have been fighting against Kiev's rule since April.
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