Stocks slide as traders worry about Ukraine-Russia tension; Energy stocks are hardest hit

Markets Associated Press

The stock market fell to its lowest point since May as traders worried that tensions between Russia and Ukraine could flare up.

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Energy stocks were among the biggest decliners. Halliburton and Devon Energy each fell 3 percent.

The Dow Jones industrial average lost 139 points, or 0.8 percent, to close at 16,429 Tuesday. It was down almost 200 points in early afternoon trading.

The Standard & Poor's 500 index fell 18 points, or 1 percent, to 1,920. The Nasdaq composite lost 31 points, or 0.7 percent, to 4,352.

Target fell 4 percent after the company lowered its second-quarter earnings forecast, citing discounts it had to use to attract shoppers.

Bond prices were little changed. The yield on the 10-year Treasury note held steady at 2.48 percent.