Wall Street today: US stocks slip as investors rush to safe-haven assets on escalating Russia-Ukraine tensions

US stock indices slipped on Tuesday, as investors rush to safe-haven assets on escalating tensions between Russia and Ukraine.

At the opening bell, the Dow Jones Industrial Average fell 146.3 points, or 0.34%, to 43,243.27. The S&P 500 fell 23.6 points, or 0.40%, to 5,870.05, while the Nasdaq Composite dropped 92.1 points, or 0.49%, to 18,699.705. 

In the bond market, the 10-year Treasury yield fell to 4.37 per cent from 4.41 per cent late on Monday.

Biggest US etailer Walmart jumped 3.4 per cent after the company topped forecasts for both quarterly profit and revenue.

Lowe’s stock slipped 3.5 per cent despite delivering bigger profit and revenue for the third quarter.

Super Micro Computer stock soared 22 per cent after it said it filed a plan with Nasdaq to keep its stock listed on the bourses.

Spot gold rose 1 per cent to $2,637.10 per ounce by 1308 GMT. US gold futures added 1 per cent to $2,641.10.

Spot silver added 0.7 per cent to $31.38 per ounce.

Equinor has resumed partial production from the oilfield, Western Europe’s largest, following a power outage.

Brent crude futures were down 29 cents, or 0.4 per cent, to $73.01 a barrel by 1240 GMT, while US West Texas Intermediate crude futures slipped by 34 cents, or 0.5 per cent, to $68.82. 

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19 Nov 2024, 08:20 PM IST