Russia-U.S. tensions hit global markets as Putin lowers the threshold for a nuclear strike

Global stocks fell as tensions escalated between Russia and the U.S., leading investors to seek safe-haven assets. The Stoxx 600 index closed down 0.45%, while the Nasdaq Composite rose 0.48% and the S&P 500 increased by 0.13%. Russian President Vladimir Putin amended the country’s nuclear doctrine, expanding circumstances for potential nuclear retaliation in response to aggression involving conventional weapons.

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