Global stocks drop amid heightened Ukraine-Russia tensions ...Middle East

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Global stocks drop amid heightened Ukraine-Russia tensions
source : News channel ( Middle East ) () 48
By Matt Egan, CNN (CNN) — Markets sold off Tuesday as geopolitical tensions escalated between Ukraine and Russia. The Dow fell 300 points, or 0.7%; and the S&P 500 and Nasdaq 100 both moved around 0.5% lower. The selling comes after Moscow changed its nuclear doctrine following the Biden administration giving Ukraine permission to use longer-range weapons inside targets in Russia. “Today is a reflection of concern that, after 1,000 days, the Russia-Ukraine conflict looks like it’s getting hotter,” said Art Hogan, chief market strategist at B. Riley Wealth Management. Not only did US stocks fall, but investors piled into safe havens like gold and US debt. Gold prices jumped on Tues

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