All 11 sectors of the S&P 500 index were trading in negative territory Thursday morning, led by a sharp slide in financials
Even the energy sector
which has been buoyant, amid the rising belligerence between Russia and Ukraine were trading lower, were under pressure, down 0.4%.
Financials were down 1.8% and tech was off by nearly 2%. Consumer staples
were attempting to punch into positive territory but were off less than 0.1%, at last check Thursday morning.
President Joe Biden told reporters Thursday morning that a Russian invasion could happen in the next “several days.” U.S. Secretary of State Antony Blinken was set to speak about “Russia’s threat to peace and security” at a United Nations Security Council meeting at 10 a.m. Eastern time, the State Department announced.
The S&P 500 index
was trading 1.2% lower at 4,421, the Dow Jones Industrial Average
was down 1.2% at 34,527, and the Nasdaq Composite Index
also was off 1.2%.