Stock market today: Dow slides as S&P 500, Nasdaq bounce back from losses after Russia-Ukraine tensions rattle markets
Published On Nov 19, 2024, 11:41 AM
US stocks experienced volatility amid escalating tensions from the Russia-Ukraine war as President Putin signed a nuclear doctrine permitting broader use of atomic weapons. The Dow fell by about 0.5% while the Nasdaq rose by 0.3%. Investors focused on the geopolitical risks overshadowing corporate earnings reports, such as Nvidia's upcoming earnings. Meanwhile, Walmart reported strong earnings, raising guidance for fiscal 2025, while Lowe's struggled with negative sales growth despite beating earnings expectations. Gold prices surged as investors sought safe-haven assets, with prices climbing over $2,600 per ounce due to the heightened geopolitical concerns.