Russia's Putin Says Russia Would Consider Using Nuclear Weapons If It Gets Reliable Information About Start Of Mass Cross-Border Attack By Air From Strategic And Tactical Aviation, Cruise Missiles, Drones And Hypersonic Weapons
Portfolio Pulse from Benzinga Newsdesk
Russian President Vladimir Putin stated that Russia might consider using nuclear weapons if it receives reliable information about a mass cross-border attack involving strategic and tactical aviation, cruise missiles, drones, and hypersonic weapons.
September 25, 2024 | 4:58 pm
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NEGATIVE IMPACT
The SPDR S&P 500 ETF (SPY) could experience volatility due to geopolitical tensions following Putin's statement about potential nuclear weapon use.
Geopolitical tensions often lead to market volatility, affecting broad market indices like the S&P 500. Putin's statement could increase uncertainty, impacting SPY.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
The Vanguard FTSE Europe ETF (VGK) might see increased volatility due to heightened geopolitical risks in Europe following Putin's nuclear threat.
European markets are sensitive to geopolitical risks, especially involving Russia. Putin's statement could lead to increased volatility in European-focused ETFs like VGK.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50