NEW YORK — U.S. stocks are slipping following escalations in the Russia-Ukraine war, as investors herd into gold, Treasury bonds and other investments traditionally seen as safer during times of trouble. The S&P 500 was 0.5% lower in early trading Tuesday. The Dow Jones Industrial Average was down 318 points, or 0.7%, and the Nasdaq composite was 0.5% lower. The losses were more severe in European markets, which sank after Russia said Ukraine fired six U.S.-made missiles at it.
Home improvement chain Lowe's also beat analyst estimates and raised guidance but its shares were down 1.4% before the bell. Nvidia, with a total market value of nearly $3.5 trillion, will need to hit analysts’ high expectations for growth during the latest quarter to justify its big stock price, which has surged 183% this year.
Chinese shares rebounded from early losses. They have wavered under concern over potential tariff hikes on by President-elect Donald Trump’s future administration and worries that recently announced stimulus policies won't have enough impact to break the economy out of the doldrums.
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