Business

Stocks drop sharply; Amazon, tech shares drop

By Ken Sweet
Published April 25, 2014 8:40pm ET
Add Washington Examiner on Google
Stocks drop sharply; Amazon, tech shares drop
Traders Daniel Leporin, left, and Michael Urkonis work on the floor of the New York Stock Exchange Wednesday, April 23, 2014. The stock market slipped Wednesday after rallying for six straight days as investors worked through another round of quarterly earnings reports from U.S. companies. (AP Photo/Richard Drew) | Richard Drew

NEW YORK (AP) — The stock market fell sharply Friday, dragged down by disappointing quarterly results from Amazon and Ford. Escalating tensions between the U.S. and Russia over Ukraine also weighed on the market.

Worried investors sold their risky assets and moved into the traditional safe havens: bonds, gold and stocks that pay high dividends like utilities.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.

Tag:

Amazon