Stocks End Lower After U.S., EU Add More Sanctions On Russia

By Staff,

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Stocks turned solidly lower this afternoon, giving back early gains after U.S. and European officials reportedly agreed to impose new sanctions on Russia. Despite new data finding American consumer sentiment this month climbing to its highest level since before the Great Recession officially began in late 2007, investor attitudes also were kept in check by a report again finding a sub-par recovery in the U.S. housing market and the start of the Federal Reserve's two-day policy-setting meeting today.

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This article appears in: Investing Commodities
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