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US stocks tumbled on Thursday, with the Dow and the S&P 500 suffering their worst day since early February, on rising concerns over Ukraine and Russia and new signs of a slowdown in China.
The S&P 500 broke below its 10-day and 14-day moving averages, which were acting as short-term technical support levels. It also broke below the 1,850 level.
The Dow Jones industrial average fell 231.19 points or 1.41 percent, to 16,108.89, the S&P 500 lost 21.86 points or 1.17 percent, to 1,846.34 and the Nasdaq Composite dropped 62.91 points or 1.46 percent, to 4,260.42.
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Posted in: Indian Market Tips
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