Stocks edge higher, oil prices fall as markets eye Russia-Ukraine tensions, White House appointments

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NEW YORK/LONDON, Nov 19 - Global stocks edged higher in choppy trading on Tuesday as markets awaited further appointments to the incoming White House administration, while oil prices eased as tensions rose between Russia and the United States over Ukraine.

"I think it's all the unknown; we've had the big unknown, which is how the election was going to go, now that's known. But the next set of questions is what's going to happen with Congress and with the White House," said George Young, portfolio manager at Villere & Co in New Orleans. The Dow Jones Industrial Average , fell 0.40% to 43,217.01, the S&P 500 , rose 0.03% to 5,895.43 and the Nasdaq Composite , rose 0.38% to 18,863.40.

Europe's main stock index fell to a three-month low, as investors shifted from risky assets to safe havens amid heightened geopolitical tensions following Russia's warning on its updated nuclear doctrine.

 

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