Stocks tumble as Ukraine war overshadows robust jobs report
CBSN
U.S. stocks racked up more losses Friday as concerns about Russia's invasion of Ukraine drowned out a report showing robust hiring in the U.S. last month.
The S&P 500 fell 0.8% to close 4,3287 as the conflict in Eastern Europe took a perilous turn. Russian President Vladimir Putin's forces on Friday were accused of shelling a huge nuclear power plant before taking control of the facility. A fire at Europe's largest nuclear plant caused by the shelling raised worries about what's next.
Russia blamed Ukraine for the fire, calling it a "monstrous provocation," but the U.S. Embassy in Kyiv accused Russian President Vladimir Putin of "a war crime" with what it said was the "shelling of Europe's largest nuclear plant."
Washington — As former President Donald Trump's "hush money" criminal trial in New York proceeds to closing arguments next week, the legal focus is moving south. His attorneys and longtime aide Walt Nauta appeared before Florida federal Judge Aileen Cannon, where they sparred with prosecutors during two contentious, day-long hearings on Wednesday.