Stocks Open Lower, Oil Leaps as Ukraine Crisis Deepens

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Stocks Open Lower, Oil Leaps as Ukraine Crisis Deepens
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Stocks tumbled as investors assessed the latest sanctions against Russia. The Dow lost more than 450 points.

U.S.

stocks opened lower, oil prices jumped and Russian authorities scrambled to keep a grip on domestic markets, as investors rushed to adjust to geopolitical developments includingThe S&P 500 index dropped 1.2% in early Monday trading, while the tech-heavy Nasdaq Composite Index declined 0.8%. The Dow Jones Industrial Average fell 1.3, while the Cboe Volatility Index rose to the highest level in over a year.

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