Stock market today: Indexes fall as heightened Russia-Ukraine tensions weigh on markets [Yahoo! Finance]
Bank of America Corporation (BAC)
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Source: Yahoo! Finance
Investors are awaiting Nvidia's earnings report on Wednesday. US stocks dropped Tuesday morning as investors digested escalating tensions between Russia and Ukraine. Reports that Ukraine had launched its first cross-border strikes into Russia using Western missiles triggered the flight to safety in markets. Major indexes dropped by 1% early in the morning as traders snapped up safe-haven assets from gold to Treasury bonds. The 10-year yield slid about four basis points to 4.375%. In response to the Biden Administration approving the use of US-made weapons for Ukraine to strike inside of Russia, Russian President Vladimir Putin lowered the threshold for the use of nuclear weapons. Conventional attacks on Russia's soil now fit the conditions for Moscow's use its nuclear arsenal. "Rising geopolitical tensions has been and continues to be a risk for markets," said Gaurav Mallik, the chief investment officer of Pallas Capital Advisors. "The combination of Russia ratcheting up it
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