Fresh fears over Russia-Ukraine drove sharp declines for US equity markets, with the technology sector once again bearing the brunt of the losses - Dow dropped -622-points or -1.78%, logging its worst single session performance for the calendar year-to-date. The broader S&P500 shed -2.12%, with 85% of the index constituents declining and the slide ranking among the five worst trading days of the past year for the benchmark index. Information Technology (down -3.06%), Communication Services (-2.96%) and Consumer Discretionary (-2.57%) all declining over >2.65% to lead nine of the eleven primary sectors lower. Consumer Staples (up +0.91%) and Utilities (+0.06%) were the only primary sectors to advance. Cisco Systems Inc gained +2.80 after the networking hardware and software posting better-than-expected fiscal second quarter numbers after the closing bell of the previous session. The technology-centric Nasdaq slumped -2.88%. Nvidia Corp fell -7.56% despite the chipmaker posting better-than-expected adjusted fourth quarter earnings per share and record revenue after the close of Wednesday’s (16 January) session. The small capitalisation Russell 2000 fell -2.37%.