Nasdaq Composite ends 1.6% lower, leading stock market losses Thursday as inflation, Ukraine crisis

U.S. stocks finished lower on Thursday, with the information technology sector, taking the brunt of the session’s losses as investors navigated headlines related to the Eastern European military conflict and a monetary policy shifts.

• The Nasdaq Composite Index
  COMP,
  -1.56%
  declined 214 points, or 1.6%, at 13,538, on a preliminary basis.

• The Dow Jones Industrial Average
  DJIA,
  -0.29%
  closed down 96 points, or 0.3%, to 33,795.

• The S&P 500 index
  SPX,
  -0.53%
  finished the session off 23 points, or 0.5%, to reach about 4,364.

• The 10-year Treasury note
  TMUBMUSD10Y,
  1.852%
  yields declined 1.9 basis points to points to 1.843%.

Markets have proved persistently unsettled as investors pore over developments between Russia and Ukraine and wrestle with the economic outlook against the backdrop of higher rates and perkier inflation.