The Dow Jones industrial average declined Monday, Tuesday, Wednesday and Thursday. The damage? A drop of 344 points, or 2.1%. The blue-chip stock gauge, which is being hampered by turmoil in Ukraine, signs of slowing economic growth in China and talk of a frothy U.S. market, is looking to avoid its fifth straight day of declines this week. The last full-week wipeout occurred May 14-18, 2012.
MARKETS TODAY: Stock futures flat in pre-market trading
Crimea crisis
Wall Street will be closely watching the rhetoric ahead of Sunday's referendum vote in Crimea. At stake: whether the southern, Russian-dominated region of Ukraine will secede from Ukraine and come under control of the Kremlin. A move into the Russian orbit will likely result in economic sanctions against Russia, which could roil markets.
S&P 1850
When the benchmark U.S. stock index broke out to new record highs earlier this month, it blew through the key 1,850 level, which Wall Street figured would act like a new "floor" on prices. But the key level gave way in Thursday's selloff, as the benchmark index closed at 1846.34. Chart watchers are watching to see if the index can regain its footing. If not, they say more market weakness could follow.
Hot Gold Stocks To Watch Right Now
Consumer confidence
The University of Michigan releases its March consumer sentiment index this morning, and Wall Street will be using it as a gauge of the mood on Main Street after a dreary winter. Economists are expecting a reading of 82, a tad above last month's reading of 81.6.
Aeropostale
Shares fell 12% in pre-market trading after the retailer posted a fourth-quarter loss of 35 cents a share in the final quarter of 2013, wider than the 31-cent projected by analysts.
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