Stock market today: Dow, S&P 500, Nasdaq sink as Russia-Ukraine tensions spur rush to havens

Published On Nov 19, 2024, 7:05 AM

US stock futures fell as increasing tensions from the Russia-Ukraine conflict, particularly regarding nuclear threats from Russia, heightened market volatility. This situation led investors to seek safer investments, causing a spike in bond prices and commodities like gold while major U.S. indices declined. Corporate earnings were overshadowed by these geopolitical fears, leading to mixed sentiments on expectations from big tech firms like Nvidia, which is set to report earnings soon.

Read full article

Stock Forecasts

AI prediction results, not representative of any investment advice.

SPY View SPY chart on TradingView

Negative

Given the current geopolitical tensions and the movement towards safe-haven assets, coupled with uncertain corporate earnings outlooks, a negative sentiment is expected in the broader market. The focus on safety may lead investors to sell off equities in favor of bonds and gold.

NVDA View NVDA chart on TradingView

Negative

Nvidia is facing pressures due to concerns regarding its earnings amid geopolitical unrest. If its upcoming earnings report does not meet high expectations, especially after concerns of product overheating, it may face a drop.

Related News

Wall Street strategists aren't relying on AI to drive the stock market rally anymore: Morning Brief

Nov 19, 2024, 6:00 AM

AI prospects are no longer the key reason why Wall Street strategists see the bull market rally reaching new highs.

SPY

Derbyshire Dales: 'Holiday lets are pricing us out of homes'

Nov 19, 2024, 1:19 AM

Dee Goddard says her family is at the point of "giving up" living in the Derbyshire Dales.

SPY

Treasuries Climb, Stocks Drop on Nuclear Concern: Markets Wrap

Nov 19, 2024, 4:01 AM

(Bloomberg) -- US Treasuries climbed and European stocks and US futures erased earlier gains as investors sought safer assets amid concern the conflict in Ukraine could escalate.Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist ArchitectureThe Stoxx 600 in

TLT

SPY