The Dow Jones Industrial Average slumped 0.78% to close at 16,401.02 on Tuesday on news that Ukraine casualties continued to rise. Adding to the decline was the Organization for Economic Cooperation and Development's (OECD) decision to slash its 2014 global growth forecast from 3.6% to 3.4%.
The S&P 500 finished down 0.90% to close at 1,867.72 points. The Nasdaq Composite also finished down, closing at 4,080.76 points for a 1.38% loss.
Why the Dow Jones Industrial Average Slumped Today
Here’s your post-market report of today’s major financial news…