S&P 500: +0.3% to 5,910 pointsSpot gold: +0.8% to $US2,632/ouncePrice current around 07:24pm AEDTEuropean stocks sink amid geopolitical jittersEurope's main stock index touched its lowest level in three months on Tuesday, as escalating geopolitical tensions, fuelled by Russia lowering its threshold for a nuclear strike, spurred investors to head to safer havens.
"Every nation wants to avoid a nuclear war, but the fact that we've seen Putin makes steps towards that possibility has led to a risk-off or a safe haven move," said, Daniela Hathorn, senior market analyst at Capital.com. The S&P 500 and the tech-heavy Nasdaq edged higher, paring earlier losses as investors assessed Russia's warning to the United States with a new nuclear doctrine, and awaited quarterly results from AI-heavyweight Nvidia.
However, stocks pared losses after Russian Foreign Minister Sergei Lavrov said Moscow will do everything possible to prevent the breakout of a nuclear war.
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