The stock market fell sharply Friday, dragged down by disappointing quarterly results from Amazon and Ford. Escalating tensions between the U.S. and Russia over Ukraine also weighed on the market. Worried investors sold their risky assets and moved into traditional havens like bonds, gold and stocks that pay high dividends such as utilities.
The Dow Jones industrial average lost 140.19 points, or 0.9 percent, to 16,361.46.
The Standard & Poor’s 500 index fell 15.21 points, or 0.8 percent, to 1,863.40.
The Nasdaq composite lost 72.78 points, or 1.8 percent, to 4,075.56.
For the week:
The Dow Jones industrial average fell 47.08 points, or 0.3 percent.
The Standard & Poor’s 500 index fell 1.45 points, or 0.1 percent.
The Nasdaq composite fell 19.95 points, or 0.5 percent.
For the year:
The Dow is down 215.20 points, or 1.3 percent.
The S&P 500 index is up 15.04 points, or 0.8 percent.
The Nasdaq composite is down 101.03 points, or 2.4 percent.