(CNBC) — U.S. stocks closed down in light volume trade for the first time in three sessions as developments in Ukraine and Russia continued to trouble investors.
In the minutes before the closing bell, composite volume on the New York Stock Exchange was 2.2 billion, below the average 3.1 billion.
There's not enough traders around to drive markets one way or another, said Kim Forrest, senior equity analyst at Fort Pitt Capital. "I think we need real news [like] mergers and acquisitions."
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Retail sales and earnings from major consumer companies expected later this week are important, but won't move markets much, analysts said.