By Mark DeCambre
All 11 sectors of the S&P 500 index were trading in negative territory Thursday morning, led by a sharp slide in financials /zigman2/quotes/210599854/delayed XX:SP500.40 -0.77% and technology /zigman2/quotes/210600213/delayed XX:SP500.45 -1.05% .
Even the energy sector /zigman2/quotes/210600521/delayed XX:SP500.10 +0.80% , which has been buoyant, amid the rising belligerence between Russia and Ukraine were trading lower, were under pressure, down 0.4%.
Financials were down 1.8% and tech was off by nearly 2%. Consumer staples /zigman2/quotes/210600216/delayed XX:SP500.30 -0.25% were attempting to punch into positive territory but were off less than 0.1%, at last check Thursday morning.
President Joe Biden told reporters Thursday morning that a Russian invasion could happen in the next “several days.” U.S. Secretary of State Antony Blinken was set to speak about “Russia’s threat to peace and security” at a United Nations Security Council meeting at 10 a.m. Eastern time, the State Department announced.
The S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.74% was trading 1.2% lower at 4,421, the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.54% was down 1.2% at 34,527, and the Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP -1.27% also was off 1.2%.