CALIFORNIA
Check out the new California section

Topics

Supervalu Inc.
Stocks overcome a midday tumble on Ukraine
Stocks overcome a midday tumble on Ukraine

The stock market recovered from a midday swoon caused by the latest worries over Ukraine and ended little changed. Renewed fighting in Ukraine rattled markets on Friday. Reports that Ukrainian forces attacked Russian military vehicles that had crossed the border knocked stock markets down in the afternoon and sent traders into the safety of U.S. government bonds. By the end of the day, the Standard & Poor's 500 index was back to where it started as investors realized that a wider conflict wasn't underway. John Canally, the chief economic strategist at LPL Financial, said it's understandable that traders dropped stocks in response to the flare-up. “Anyone who...

Loading