Nasdaq leads decline on Wall St, with interest rates in focus
NEW YORK (Reuters) - U.S. stocks were lower in afternoon trading Monday, led by a more than 1% drop in the Nasdaq, as investors sold tech and big growth names and put their focus on this week's Federal Reserve meeting.
Developments in the Ukraine-Russia conflict kept investors cautious as Russian and Ukrainian delegations held a fourth round of talks on Monday, but no new progress was announced, while Russian forces allowed a first convoy of cars to escape Ukraine's besieged port of Mariupol.
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