An increasing number of Russian troops gathered at the borders of Ukraine. Fear that the crisis will increase has made investors worried. As a result, the stock-index of the U.S. fell. Sprint Corp.’s talks with T-Mobile US Inc ended after which, in the pre-market trading in New York, the company’s stocks reduced by 17%. Groupon Inc. (NASDAQ:GRPN) also fell by 17%, falling below the expectations of the analysts. Rupert Murdoch’s 21st Century Fox Inc. decided to withdraw its bid for taking over Time Warner Inc (NYSE:TWX). As a result, the company’s shares fell by 12% in a New York trade.

S&P 500’s Index fell by 0.3% to 1,907.6. This fall negated the earlier gain of 0.3%. The benchmark index reduced by 1% and attained its lowest value since May. Dow Jones Industrial Average also met with a decrease. It fell by 50 points, which is equivalent to 0.3%, and arrived at 16,316 today. Richard Hunter, the equities head at Hargreaves Lansdown Plc, said that because of increased sanctions against Russia, the investors are becoming more concerned.

Alexander Vershbow, NATO Deputy Secretary General, claimed that Russia has increased its troops by 20,000 along the eastern borders of Ukraine. Radoslaw Sikorski, Polish Foreign Minister, said that this increase of troops along the borders may become an invasion. Vladimir Putin, the President of Russia, is not intending to back off from Ukraine. After the European Union and U.S. tightened the sanctions in the previous week, Russia will propose retaliatory measures.

Ralph Lauren Corp. (NYSE:RL) and Time Warner (NYSE:TWX) are included in the 25 companies in S&P 500 that will be reporting earnings today. 76 percent of the companies who posted their results have crossed the estimates of analysts. In the second quarter, profit was increased by about 9.4%. Sales increased by about 4.2 percent. Sprint Corp. (NYSE:S) decreased by 17% and closed at $6.04. The regulatory concerns all over have affected the possible benefits that could be gained from the merger of T-Mobile US and Sprint Corp. (NYSE:S). The merger would have combined the fourth and third-largest companies in U.S. with wireless carriers.

Groupon Inc. (NASDAQ:GRPN) decreased to $5.85. The company posted earnings of 2 cents per share in the third quarter, while the analysts had predicted 3 cents for a share. In the second quarter, the company reported 1 cent EPS. The company’s sales increased by $752 million which is below its average of $762 million. Time Warner (NYSE:TWX) fell by 12% and ended up at $75.25 after Murdoch Fox withdrew its offer of $75 billion. Time Warner (NYSE:TWX)’s board refused to join in talks with Murdoch Fox. So Fox, the billionaire chairman, finally gave up. Fox’s stock price fell by 11% ever since the offer was publicly proclaimed.

Enphase Energy Inc. (NASDAQ:ENPH) increased by 12% and closed at $10.83. The company estimated its earnings for the third quarter between about $93 million and $98 million. The average estimate of the analysts is much lower – about $78.3 million.

Get Free Updates and Stock Alerts!

*We only send one email per week