U.S. stocks and bond yields sank Friday, as growing tensions between Russia and Ukraine sent investors flocking to safer assets.
The S&P 500 tumbled 1.9% as of the 4 p.m. ET close of trading. The Nasdaq Composite erased 2.8%. The Dow Jones Industrial Average lost 504 points, or 1%. All three major indexes were recently on track to end the week with losses of 1.1% or more.