Reported 2 days ago
U.S. stocks fell on Tuesday as rising concerns over nuclear risks in the Russia-Ukraine conflict overshadowed corporate earnings reports. The Dow Jones dropped 0.8%, and the S&P 500 and Nasdaq each slid about 0.5%. Investors reacted to President Putin's new nuclear doctrine while seeking safety in bonds and gold, leading to a rise in prices for both assets. Walmart reported strong earnings, boosting its stock, while Lowe's saw a decline despite beating revenue expectations. The housing market also showed weakness with a drop in housing starts as mortgage rates remain high.
Source: YAHOO