Investing.com-- US stocks fell Tuesday, with risk appetite hit as geopolitical tensions were raised by hawkish comments about nuclear weapons from Russian President Vladimir Putin.Russian President Vladimir Putin issued a warning to the United States earlier Tuesday, lowering the threshold for a nuclear strike just days after the administration of Joe Biden reportedly allowed Ukraine to fire American missiles deep into Russia.
This represented a change from the previous iteration which stated that Russia may use nuclear weapons in case of a nuclear attack by an enemy or a conventional attack that threatened the existence of the state.), as the retail giant raised its annual sales and profit forecast for the third consecutive time, with people buying more groceries and merchandise online and at its stores, a sign that it may be gaining market share ahead of the holiday season.
By 09:35 ET, the U.S. crude futures gained 0.5% to $69.53 a barrel, while the Brent contract rose 0.4% to $73.61 a barrel. The outage presents some uncertainty over oil supplies in the region, and added to the concerns created by the Biden administration’s decision to allow Ukraine to use US-made weapons to strike deep into Russia, particularly following Putin's nuclear warning.