US stocks ended Monday lower as investors continued to monitor the military conflict between Russia and Ukraine. It was the worst day of the year for the Dow and S&P 500.
The Nasdaq is now in a bear market as tech stocks were crushed. Energy stocks and utilities were among the few winners following a big spike in crude oil and gas prices. Several defense stocks hit new all-time highs as well.
Bed Bath & Beyond (BBBY) surged after Ryan Cohen, the Chewy (CHWY) co-founder who is trying to turn around GameStop (GME), disclosed he purchased a big stake.
- The Dow closed down 2.4%, or about 797 points.
- The S&P 500 fell 3%.
- The Nasdaq Composite plunged 3.6%.
As stocks settle after the trading day, levels might still change slightly.