TORONTO — Fears of escalation in the Russia-Ukraine conflict weighed on stock markets on both sides of the Atlantic Tuesday, but Canada’s main index recovered from early losses to end slightly up, while U.S. stock markets were mixed.
TORONTO — Fears of escalation in the Russia-Ukraine conflict weighed on stock markets on both sides of the Atlantic Tuesday, but Canada’s main index recovered from early losses to end slightly up, while U.S. stock markets were mixed.
Markets started the day down after Russia said Ukraine fired six U.S.-made ATACMS missiles at it. Earlier in the day, Russian President Vladimir Putin formally lowered the threshold for Russia’s use of its nuclear weapons.
“The day opened down on worries of escalation, tension escalations in eastern Europe between Russia and Ukraine,” said Philip Petursson, chief investment strategist at IG Wealth Management.
“That spooked the markets a little bit, but that…
