US stocks fall ahead of Ukraine vote

14 Mar, 2014

NEW YORK: US stocks closed modestly lower Friday as the United States and Europe appeared headed for collision with Russia over Crimea's plan to vote on splitting from Ukraine on Sunday.

At the close the Dow Jones Industrial Average was down 42.32 points (0.26 percent) at 16,066.57.

The broad-based S&P 500 fell 5.19 (0.28 percent) to 1,841.15, while the tech-rich Nasdaq Composite lost 15.02 (0.35 percent) at 4,245.40.

Tensions were rising ahead of Sunday's Crimea vote on whether to leave Ukraine and join Russia, with long talks between US Secretary of State John Kerry and Russian Foreign Minister Sergei Lavrov failing to defuse the crisis.

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