(Image by Oleg Gamulinskiy from Pixabay)
(CNBC) -- U.S. stocks slid on Wednesday, ending a winning streak for the market, as investors monitored developments in Ukraine and the bond market.
The S&P 500 fell 0.63% to 4,602.45, and Nasdaq Composite lost 1.21% to 14,442.27. The Dow Jones Industrial Average dropped 65.38 points, or 0.19%, to 35,228.81. The Dow and S&P 500 each snapped a four-day stretch of gains.
Crude prices, which have soared since the war in Ukraine began, climbed more than 3% to top $107 per barrel on Wednesday. Germany warned of potential rationing of natural gas due to disputes with Russia, and U.S. crude stockpiles fell.
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