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Benzinga
Benzinga
Politics
Wayne Duggan

Is Putin Bluffing? How Stocks Are Reacting On Heels Of Thinly-Veiled Nuke Threats

Vladimir Putin NYSE Russia Ukraine United States

The SPDR S&P 500 (NYSE:SPY) traded higher by 0.6% as U.S. investors mostly shrugged off the latest aggressive military actions by Russian President Vladimir Putin.

What Happened? Putin has pledged to send an additional 300,000 troops to Ukraine, which includes calling Russian military reservists into active service. In a pre-recorded announcement, Putin ramped up his aggressive rhetoric against the West. Putin said the West "wants to destroy our country" but added Russia has "lots of weapons to reply," a seemingly thinly-veiled nuclear threat.

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