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Business: Wall Street opens down as Ukraine tensions mount

Traders work on the floor of the New York Stock Exchange February 28, 2014. REUTERS/Brendan McDermid (UNITED STATES - Tags: BUSINESS)

(Reuters) – U.S. stocks opened lower on Monday, alongside other risk assets, as Ukraine andRussia prepared for war after Russian President Vladimir Putin declared he had the right to invade his neighbor.

Traders work on the floor of the New York Stock Exchange February 28, 2014. REUTERS/Brendan McDermid (UNITED STATES – Tags: BUSINESS)

The Dow Jones industrial average .DJI fell 106.22 points, or 0.65 percent, to 16,215.49, the S&P 500 .SPX lost 13 points, or 0.7 percent, to 1,846.45 and the Nasdaq Composite .IXIC dropped 50.86 points, or 1.18 percent, to 4,257.259.

(Reporting by Chuck Mikolajczak; Editing by Bernadette Baum)

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