Wall St drops, Russia-Ukraine conflict fuel worries


The Dow Jones Industrial Average .DJI fell 448.96 points, or 1.29%, to 34,358.5, the S&P 500 .SPX lost 55.37 points, or 1.23%, to 4,456.24 and the Nasdaq Composite .IXIC dropped 186.21 points, or 1.32%, to 13,922.60.

All three major U.S. stock indexes ended more than 1% lower on Wednesday as oil prices jumped and Western leaders began gathering in Brussels to plan more measures to pressure Russia to halt its conflict in Ukraine.

Responding to Western sanctions that have hit Russia's economy hard, President Vladimir Putin said Moscow will seek payment in roubles for natural gas sales from "unfriendly" countries, while its forces bombed areas of the Ukrainian capital Kyiv a month into their assault.

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