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The Dow Jones industrial average fell the most in a month as tensions rose over Russia's military presence in the Ukraine.
The showdown in Ukraine stoked fears of a tit-for-tat campaign of economic sanctions between Russia and Western powers. Other stock markets around the world also fell as Russia's military tightened its grip on the Crimea region.
On Monday:
The Dow Jones industrial average fell 153.68 points, or 0.9 percent, to 16,168.03.
The Standard & Poor's 500 index dropped 13.72 points, or 0.7 percent, to 1,845.73.
The Nasdaq composite slid 30.82 points, or 0.7 percent, to 4,277.30.
For the year so far:
The Dow is down 408.63 points, or 2.5 percent.
The S&P 500 is down 2.63 points, or 0.1 percent.
The Nasdaq is up 100.71 points, or 2.4 percent.
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