Putin's Nuclear Doctrine Shift Heightens Global Tensions

1 min read
Source: Barron's
Putin's Nuclear Doctrine Shift Heightens Global Tensions
Photo: Barron's
TL;DR

Stock futures fell as Russian President Vladimir Putin expanded the country's nuclear doctrine, increasing geopolitical risks. The S&P 500, Nasdaq 100, and Dow Jones futures all declined, while gold futures rose as investors sought safe-haven assets. Russia's new doctrine considers attacks by non-nuclear countries supported by nuclear powers as joint attacks, lowering the threshold for a nuclear response. This development follows reports of Ukraine using U.S.-made long-range missiles against Russia, escalating tensions further.

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