A mixed session on Wall Street is likely to send Australian stocks lower, while oil prices eased as tensions rose between Russia and the United States over Ukraine. Follow the latest updates in our live blog.
S&P 500: +0.3% to 5,910 pointsSpot gold: +0.8% to $US2,632/ouncePrice current around 07:24pm AEDTEuropean stocks sink amid geopolitical jittersEurope's main stock index touched its lowest level in three months on Tuesday, as escalating geopolitical tensions, fuelled by Russia lowering its threshold for a nuclear strike, spurred investors to head to safer havens.
"Every nation wants to avoid a nuclear war, but the fact that we've seen Putin makes steps towards that possibility has led to a risk-off or a safe haven move," said, Daniela Hathorn, senior market analyst at Capital.com. The S&P 500 and the tech-heavy Nasdaq edged higher, paring earlier losses as investors assessed Russia's warning to the United States with a new nuclear doctrine, and awaited quarterly results from AI-heavyweight Nvidia.
However, stocks pared losses after Russian Foreign Minister Sergei Lavrov said Moscow will do everything possible to prevent the breakout of a nuclear war.
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