Good morning. Russia’s war in Ukraine escalated. US sanctions have strangled Huawei’s ambitions. Check out some of the best products and experiences of the year. Listen to the day’s top stories.
Haven assets such as gold and Treasuries gained as Russia’s war in Ukraine entered a dangerous new phase. Vladimir Putin signed a decree allowing his country to use nuclear weapons in the event of a conventional attack on its soil, and Ukraine made its first strike inside Russia with US-produced ATACMS missiles. Washington said it won’t adjust its nuclear posture in response to Putin’s move. US stocks shook off the tension, and Nvidia climbed ahead of its earnings release. Bitcoin touched a fresh record.
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