FILE PHOTO: Meta and Facebook logos are seen in this illustration taken February 15, 2022. REUTERS/Dado Ruvic/Illustration
March 11, 2022
By Lewis Krauskopf, Devik Jain and Sabahatjahan Contractor
(Reuters) – Major U.S. stock indexes stumbled on Friday as tech and growth shares led a broad decline and investors worried about the conflict in Ukraine while attention turned to the Federal Reserve’s policy meeting next week.
At the end of a volatile week, indexes had opened higher after Russian President Vladimir Putin said there were “certain positive shifts” in talks with Ukraine, without providing any details, but stocks then faded during the session.
All 11 S&P 500 sectors ended down, with communication services falling 1.9% and technology dropping 1.8%.
“After we saw a bounce in the middle of the week, there is still too much uncertainty out there,” said…
