Wall St drops as Ukraine tensions sap risk appetite

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Wall St drops as Ukraine tensions sap risk appetite
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U.S. stock indexes slumped on Friday as escalating tensions in Ukraine amid fears of an imminent Russian invasion prompted investors to dump risky assets in the run-up to a long weekend.

leading losses due to weaker oil prices.

Speculations about the Federal Reserve's next move have also weighed on equities. New York Fed Bank President John Williams said earlier in the day it would be appropriate to hike interest rates in March without mentioning the magnitude.

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