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Dmitry Medvedev is at it again, threatening Western leaders with nuclear attacks if they cross a line. Medvedev says no leaders in Washington, Paris, and London won't "be able to hide" if they send troops to Ukraine. AdvertisementFormer Russian President Dmitry Medvedev on Monday threatened nuclear strikes on Western leaders who want to send their troops to Ukraine, doubling down on his increasingly hostile rhetoric toward the North Atlantic Treaty Organization. Related storiesStrategic nuclear weapons are those typically launched via intercontinental ballistic missiles. But such threats have also been categorized as bluffs by Western leaders, who say the Kremlin hopes to scare Ukraine's allies off.
Persons: Dmitry Medvedev, Medvedev, , nonstrategic, Vladimir Putin, Putin, isn't, Emmanuel Macron, Macron, Sinead Baker, Tony Soprano's, Edward Lucas Organizations: London, Service, Atlantic Treaty Organization, NATO, Capitol, Monday, Russia's, Hague, Center for, Russia's Security Locations: Washington, Paris, Ukraine, Russian, France, Baltics, Poland, Kyiv, Russia, Ukraine's, Elysee, Downing Street, Moscow
Russia said on Monday that it would treat F-16s in Ukraine as an escalation because they're nuclear-capable. AdvertisementRussia warned on Monday against the expected arrival of F-16s in Ukraine, saying the US warplanes would be treated as an escalation given their potential as nuclear weapons platforms. AdvertisementMeanwhile, Russia has for months said the delivery of the F-16s is a provocation from NATO because they can be fitted to carry nuclear weapons. In any case, Ukraine does not possess any nuclear weapons in its arsenal, having surrendered them in 1994 when it gained independence. It is subject to the Treaty on the Non-Proliferation of Nuclear Weapons.
Persons: , Sergey Lavrov, Ukraine's Su, it's, They're, Jake Epstein, Epstein Organizations: Foreign Ministry, Service, NATO, Russian Foreign Ministry, North Atlantic Treaty Organization, Russia, Soviet, British Storm Shadow, Nuclear Weapons, US Navy Locations: Russia, Ukraine, United States, North, Belgium, Denmark, Norway, Netherlands, Kyiv, Russian, Belarus, Minsk, Moscow
“China is neither the creator of the crisis, nor a party to it or a participant. The trip will also see Xi visit Serbia and Hungary, with the leader’s visit to Belgrade coinciding with the 25th anniversary of NATO’s bombing of the Chinese embassy in the city that killed three. Beijing has defended its trade with Russia as part of normal bilateral ties; it also says it does not provide weapons to parties in conflict. It has not been accused of sending lethal weapons to Russia, but rather goods with military use. Beijing supports efforts recognized by both Russia and Ukraine, with “equal and just discussions of all possible peace plans at the conference,” he said.
Persons: Xi Jinping, ” Xi, Emmanuel Macron, Ursula von der, , ramped, Macron, Xi “, he’s, , ” Macron, presser, Xi, Vladimir Putin, von der Leyen, Putin Organizations: Hong Kong CNN, French, European, NATO, Biden, Kyiv Locations: Hong Kong, Ukraine, China, Europe, Moscow, “ China, Paris, Washington, Beijing, Russian, Serbia, Hungary, Belgrade, Serbian, Balkans, Russia, France, , Israel, Switzerland
The Israeli government’s decision to kick Al Jazeera out of Israel says more about the government than the TV network. The Arabic programming on Al Jazeera may often be tendentious and anti-Israeli, but shutting it down further erodes Israel’s proud image as a democracy in a neighborhood populated largely by authoritarian or hereditary rulers. Prime Minister Benjamin Netanyahu of Israel accused Al Jazeera of being a security threat by serving as a megaphone for Hamas. Founded in 1996, Al Jazeera is the most popular source of news for much of the Arab world. From a purely tactical point of view, having an Al Jazeera bureau in Israel gave Israelis a better shot at getting their message to the Arab world than shutting it down.
Persons: Al Jazeera, Benjamin Netanyahu, Israel, Hamza al, Al, Wael al Organizations: Al, Gulf States, Israel Locations: Israel, Al, Egypt, Gulf, Gaza, Al Jazeera’s Gaza, Al Jazeera
Putin orders tactical nuclear weapon drills to deter the West
  + stars: | 2024-05-06 | by ( ) www.cnbc.com   time to read: +5 min
Russia's defense ministry said it would hold military drills including practice for the preparation and deployment for use of non-strategic nuclear weapons. "During the exercise, a set of measures will be carried out to practice the issues of preparation and use of non-strategic nuclear weapons," the ministry said. Russia and the United States are by far the world's biggest nuclear powers, holding more than 10,600 of the world's 12,100 nuclear warheads. No power has used nuclear weapons in war since the United States unleashed the first atomic bomb attacks on the Japanese cities of Hiroshima and Nagasaki in 1945. Major nuclear powers routinely check their nuclear weapons but very rarely publicly link such exercises to specific perceived threats in the way that Russia has.
Persons: Vladimir Putin, Alexey Danichev, Natalia Kolesnikova, Joe Biden, Andriy Yusov, Sergei Shoigu, Emmanuel Macron, Volodymyr Zelensky, Ludovic Marin, David Cameron, Dmitry Peskov, Putin, Abrams, Sean Gallup Organizations: Federal Assembly's Council, Reuters, Missile, Southern Military District, Military, Victory Day, Afp, Getty, Russian Federation, Federation of American Scientists, CNN, Ukraine, Kremlin, U.S . Senate, AFP, British, NATO, U.S . Army, British Amphibious Engineer Battalion Locations: Saint Petersburg, Russia, Reuters Russia, Moscow, France, Britain, United States, Ukraine, U.S, China, Hiroshima, Nagasaki, Russian, Paris, London, Soviet Union, Gniew, Poland
Russia said on Monday that it would hold military exercises with troops based near Ukraine to practice for the possible use of battlefield nuclear weapons, ratcheting up tensions with the West after two European leaders raised the prospect of more direct Western intervention in the war. Such weapons, often referred to as “tactical,” are designed for battlefield use and have smaller warheads than the “strategic” nuclear weapons meant to target cities. Russia’s Defense Ministry said that President Vladimir V. Putin had ordered an exercise for missile, aviation and naval personnel to “increase the readiness of nonstrategic nuclear forces to carry out combat missions.”Russian officials claimed the order was in response to comments from the West about the possibility of more direct Western involvement in the war in Ukraine. And it came at the start of a week of extensive publicity for the Russian leader, with his inauguration scheduled for Tuesday, followed on Thursday by the annual Victory Day celebration, which commemorates the Soviet defeat of Nazi Germany in 1945. The announcement of the exercise was Russia’s most explicit warning in its more than two-year invasion of Ukraine that it could use tactical nuclear weapons there.
Persons: Vladimir V, Putin Organizations: Russia’s Defense Ministry Locations: Russia, Ukraine, Nazi Germany
CNN —President Vladimir Putin has ordered Russian forces to rehearse deploying tactical nuclear weapons, as part of military drills to respond to what he called “threats” by the West. Since invading Ukraine in 2022, Putin has repeatedly made veiled threats to use tactical nuclear weapons against the West, but Monday marked the first time Russia has publicly announced drills. “During the exercises, a set of measures will be carried out to practice the issues of preparation and use of non-strategic nuclear weapons,” Russia’s defense ministry said. Non-strategic, or “tactical,” nuclear weapons can be used in battlefield situations, carrying less power than strategic nuclear weapons, which have the potential to level entire cities. Putin said Russia would not be the first to test nuclear weapons, but would do so in the event of a US test.
Persons: Vladimir Putin, Putin, Dmitry Peskov, Emmanuel Macron, I’m, ” Macron, Ludovic Marin, David Cameron, ” Cameron, Macron, , Joe Biden, Organizations: CNN, Russia, Economist, Getty, United, Ukraine, Kyiv, State Department, US, military’s, Staff, Southern Military District Locations: Russian, Ukraine, Russia, Western, Europe, AFP, United Kingdom, United States, Moscow, Hiroshima, Nagasaki
"This relief rally in equities is questionable at best," wrote chief market technician Craig Johnson. .SPX YTD mountain S & P 500 this year Year to date, the S & P 500 is up more than 8%, with the low end of the firm's range suggesting the benchmark could fall 10% from Friday's close. When an asset breaks above its 50-day moving average, it is seen as a sign of strong momentum. The S & P 500 on Monday rose, breaking above its 50-day moving average. The Nasdaq is also trading above its 50-day average.
Persons: Piper Sandler, Craig Johnson, Stocks Organizations: Dow, Nasdaq Locations: Friday's, U.S
Four men in black tactical gear pinned him, his face to the concrete, to cuff his hands behind his back. “I didn’t do anything,” Mr. Johnson moaned as they pressed a shield between his shoulders. Mr. Johnson, 21 and serving a short sentence for gun possession, was in the throes of a mental collapse that had gone largely untreated, but hardly unwatched. But for the previous three weeks, Mr. Johnson, who suffered from bipolar disorder and schizophrenia, had refused to eat or take his medication. Most dangerous of all, he had stealthily stopped drinking water, hastening the physical collapse that often accompanies full-scale mental crises.
Persons: Markus Johnson, Mr, Johnson moaned, Johnson Organizations: Danville Correctional Center Locations: Danville, Chicago
He sees California Forever. And if he can't undo the damage, there may never be a California Forever. California Forever may be a subdivision, but it's precisely the kind of subdivision America needs right now. But here's the thing: California Forever may be a subdivision, but it's precisely the kind of subdivision America needs right now. Places like California Forever aren't being opposed by the people who are desperate for a place to live.
Persons: Jan Sramek's, Goldman Sachs, Sramek, Reid Hoffman, Laurene Powell Jobs, Marc Andreessen —, They've, Christie Hemm, Peter Thiel, Jan Sramek, Jan, Thiel, Goldman, CheatSheet, Sramek's, hadn't, Jonas Rave, who's, , Guy Saidenberg, Evernote, Marc Andreessen, Jane Jacobs, He's, he'd, Robert Moses, growth.y Christie Hemm, Flannery, Bronson Johnson, David George, Andreessen Horowitz, Marilyn Farley, Farley, Solano County's, Kathleen Threlfall, Bill Mortimore, California Forever's, Jessica Christian, he's, Lyle Lanley, Solano, Sam Houston, weren't, Gabriel Metcalf, You've, John Garamendi, Garamendi, isn't, they'll, latte, Christie, Travis, I've, aren't, They're Organizations: Silicon, California, BI Development, University of Cambridge, London School of Economics, Party, Rising Star, Facebook, York, Sramek's, BI Sramek, Google, American, Planners, Sacramento -, Travis Air Force Base, Area, titans, Farmers, councilwoman, California Forever, Sacramento Municipal Utility District, Air Force, Flannery Associates, Disney, San Francisco, Vallejo Naval, Historical Museum, Rep, BI, Solano, Sierra, Goldman Locations: San Francisco, It's, Sramek, California, Rio Vista, Solano County, Napa, Sacramento, Silicon Valley, America, London, Zurich, England, Czech Republic, Dřevohostice, York, British, Eastern Europe, Cambridge, Bay Area, Hayes Valley, America's cutest, Atlanta, Phoenix, Copenhagen, Barcelona, New York, Sacramento - San Joaquin, San Francisco Bay, Lake Tahoe, Toledo , Ohio, Silicon, Google's, Toronto, Big Tech, China, Calif, Springfield, Vallejo, He's, Atherton, Foreverville, Fairfield, Austin, Solano, Valley, Europe
“I think we also saw this different sensibility about how to clear protests,” Straub said of the police response to campus demonstrations. In some cases, officers couldn’t distinguish lawful protesters from those who were being disruptive or causing violence, he added. The agreement mandated the NYPD to “change how it deploys officers to public demonstrations,” to better allow the public to exercise their First Amendment rights. NYPD officers in riot gear break into a building at Columbia University, where pro-Palestinian students were barricaded, on April 30. Officers were seen breaking down plywood barriers outside the entrenched encampment where protesters had barricaded themselves inside, as flash-bang explosives exploded overhead.
Persons: George Floyd, , Chuck Wexler, Emily Byrski, Joe Biden, ” Wexler, Frank Straub, ” Straub, PERF, Letitia James, James, Kena Betancur, Eric Adams, Kaz Daughtry, , Spencer Fomby, Fomby, Straub, it’s, ” Fomby, Ryan Sun, ” CNN’s Julia Jones, Maria Sole, Artemis Moshtaghian Organizations: CNN, Police, Research, “ Police, Palestinian, Getty, Columbia University, New York Police Department, University of Arizona, UCLA, Israel, National Guard, Sound Schools, Center for, Police Foundation, ” Police, NYPD, New York, City College, Hampton Hall, Columbia, Hamilton, National Tactical Officers Association, , AP Locations: Gaza, Israel, AFP, California, Columbia, New York City, Hampton, Arizona, Los Angeles
The Pentagon plans to replenish the powerhouse brigade with Bradley fighting vehicles, Forbes said. AdvertisementUkraine's hard-fighting 47th Mechanized Brigade is battle-weary and urgently needs US support, Forbes reports. Trained by NATO instructors, the 47th Brigade all-volunteer unit is one of Ukraine's powerhouse brigades. Russia's 30th Motor Rifle Brigade took advantage of the rotational lapse as the 47th Brigade withdrew and attacked, capturing a large swathe of territory. AdvertisementBeyond material support and tactical adjustments, the 47th Brigade needs a reprieve from the relentless cycle of conflict.
Persons: Bradley, Forbes, , Putin, Bradley IFVs, Bradley IFV, ince Organizations: Pentagon, Service, Mechanized Brigade, Forbes, NATO, 47th Brigade, M1, Bradley, Ministry of Defense, 47th Mechanized Brigade, ust Locations: Ukraine, Stepove, Avdiivka
The air war in Ukraine has become a cat-and-mouse game where drones must constantly evolve. AdvertisementRUSI envisions each drone battalion being equipped with everything needed to conduct a variety of UAV operations. This would include "situational awareness UAVs optimized for tactical reconnaissance; tactical strike UAVs; ISR [reconnaissance] UAVs able to penetrate into operational depth; operational strike UAVs; and platform-launched effects designed specifically to synchronize with and enable other weapons systems." To support friendly ground troops in contact with the enemy, flocks of expendable reconnaissance drones would operate up to 5 miles beyond the enemy front line. AdvertisementA Ukrainian serviceman launches a drone during a press tour in the Zhytomyr Region, northern Ukraine on September 20, 2023.
Persons: , Jack Watling, Justin Bronk, Kirill Chubotin, Michael Peck Organizations: Service, Royal United Services Institute, Ukrainian, Staff, Publishing, Getty, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, British, Zhytomyr Region, Forbes
Ukrainian forces took out more than 100 Russian soldiers with an ATACMS missile, per OSINT analysts. AdvertisementA Ukrainian ATACMS long-range missile strike killed more than 100 Russian soldiers in an occupied region 50 miles from the front line, according to OSINT and military analysts. Osinttechnical said at least one of the missiles struck a gathering of more than 100 Russian soldiers, with hundreds of M74 APAM bomblets falling on them. AdvertisementAn unnamed senior US official told the Times that Ukrainian soldiers already put them to use to attack a Russian military airfield in Crimea in mid-April. AdvertisementThe US sent Ukraine ATACMS with a shorter range last fall, which enabled Ukraine to destroy Russian helicopters and airfields behind the front lines, but not go after more distant targets.
Persons: , Osinttechnical, GeoConfirmed, couldn't, Philip Karber Organizations: Service, The Institute, Centre, Naval Analyses, US, Army Tactical Missile Systems, The New York Times, Times, Radio Free Locations: Russian, Luhansk Oblast, Ukraine, Rohove, Ukraine's, Crimea, Russia, Radio Free Europe
Hundreds of demonstrators have been arrested in the last 24 hours as protests decrying Israel's bombardment of Gaza continue at university campuses across the nation. The majority of demonstrations have called for the divestment from companies that support Israel and the war in Gaza. Meanwhile, at the University of Arizona, law enforcement used pepper balls and rubber bullets against protesters Wednesday, the university said in a statement. The Los Angeles Police Department has also issued a city-wide "tactical alert" related to a pro-Palestinian encampment at UCLA, a law enforcement source told CNN. University of Texas at Dallas: At least 17 arrests have been made at the campus as of Wednesday evening, school officials said.
Persons: That's, Minouche Shafik, Lowenstein, Jennifer L, Mnookin Organizations: University of California, CNN, University of Arizona, Columbia University, City College, Hamilton Hall, City College of New, University, Dartmouth College, WMUR, Fordham University, NYPD, Buffalo, Los Angeles : Police, Los Angeles Police Department, UCLA, University of New, State, New Hampshire Department of Safety, ” University of Texas, Austin Fox, University of Texas, Austin, Texas Department of Public Safety, . University of Texas, Dallas, University of Wisconsin Locations: Gaza, Israel, Los Angeles, New York, City College of New York, University of New Hampshire, Austin, Madison
The United States has accused Russia of using chemical weapons, including poison gas, “as a method of warfare” against Ukrainian forces, in violation of a global ban on the use of such weapons. The State Department said in a statement on Wednesday that Russia had used chloropicrin, a “choking agent” widely used during World War I, as well as tear gas, against Ukrainian troops. The use of these gases in warfare is banned under the Chemical Weapons Convention, an arms control treaty ratified by more than 150 countries, including Russia. Russia this year has been slowly but steadily pushing through Ukrainian defenses in the east, capturing several towns and villages. The State Department also said that the United States would impose sanctions on three state entities linked to Russia’s chemical and biological weapons programs and four companies that support them.
Organizations: Ukrainian, State Department, Chemical Weapons Convention Locations: States, Russia, United States
Servicemen of the National Guard of Ukraine undergo training to storm enemy trenches using simulation equipment as the war between Russia and Ukraine continues in Kharkiv Region, Ukraine on February 29, 2024. The U.S. has formally accused Russia of using chemical weapons against Ukrainian troops and announced late Wednesday that it is imposing more sanctions on Russian individuals and entities. The U.S. State Department released a statement late Wednesday in which it accused Russia of violating the Chemical Weapons Convention (CWC), which bans the production and use of chemical weapons, by using the choking agent chloropicrin against Ukrainian forces. Chloropicrin was used as a poison gas in World War I but is now more commonly used in agriculture as an insecticide. "When inhaled, these agents cause alveoli, air sacs in the lungs, to secrete fluid, essentially drowning those affected," the Organisation for the Prohibition of Chemical Weapons states.
Persons: Chloropicrin Organizations: National Guard, Ukrainian, U.S . State Department, Chemical Weapons Convention, CWC, Russian, Chemical Weapons Locations: Ukraine, Russia, Kharkiv Region, U.S
Ken Griffin's $61 billion Citadel is leading multistrat funds in performance this year. The firm's flagship fund returned 2% in April, bringing 2024 gains to 7.8%. Firms such as Walleye, Millennium, and Schonfeld are also off to a strong start this year. Despite equity markets tumbling in April, Ken Griffin's teams of stockpickers helped lead his firm to a 2% return in its $61 billion flagship fund. A person close to Griffin's Citadel told Business Insider that Wellington's year-to-date returns rose to 7.8% following April's gains.
Persons: Ken Griffin's, stockpickers Organizations: Citadel, Walleye, Griffin's Citadel, Business Locations: Miami
RW Advisory: Triple whammy of headwinds for U.S. stocks
  + stars: | 2024-05-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRW Advisory: Triple whammy of headwinds for U.S. stocksRon Williams, CIO and Tactical Strategist at RW Advisory, talks about headwinds in equity markets and possible upcoming volatility.
Persons: Ron Williams Organizations: Triple, Advisory Locations: headwinds
Russian forces have used the “artillery drought” hampering Ukraine’s defenses since December to push forward on the eastern front near Avdiivka, making the largest advance since the early months of the war. Only on Sunday did the top Ukrainian military commander, Oleksandr Syrskyi, admit the fall of a series of villages that his subordinates had insisted for days were still contested. The resulting fallback showed Russian forces had, in just over two months, made the most substantial and swift progress since July 2022’s advances near Severodonetsk, according to a CNN analysis. DeepStateMap, which updates the frontline situation daily, showed significant losses near Avdiivka. Yurii Fedorenko, commander of the Achilles attack drones company at the 92nd separate assault brigade in that area, said the next two months marked a “window of opportunity” for Russian forces.
Persons: Chasiv, Oleksandr Syrskyi, Ruslan Mykula, ” Mykula, , Volodymyr Zelensky, Oleksandr Ratushniak Oleksandr Ratushniak, Chasiv Yar, Col Nazar Voloshyn, ” Voloshyn, Druzhkivka, Novozhenina, Yurii Fedorenko, Organizations: CNN, Sunday, Kurakhove, Ukraine’s, Airborne, REUTERS, Reuters, Russian Locations: Ukraine, Avdiivka, Donetsk, Mariupol, Russia, Pokrovsk, Chasiv Yar, Bakhmut, Ukrainian, Russian, Avdiivka’s, Severodonetsk, Ocheretyne, Kurakhve, Kupiansk, Kharkiv, Moscow
“The use of such chemicals is not an isolated incident, and is probably driven by Russian forces’ desire to dislodge Ukrainian forces from fortified positions and achieve tactical gains on the battlefield,” it said. Russia has previously denied using chemical weapons. The US has previously warned Russia against chemical warfare in Ukraine; in March 2022, a month after the invasion began, President Joe Biden said that NATO would respond if Russia used chemical weapons in Ukraine. The use of chemical weapons is banned by international law. Russia has signed those treaties and claims it doesn’t have chemical weapons, but the country has already been linked to the use of nerve agents against critics in recent years.
Persons: Ukraine’s, Chloropicrin, Joe Biden, Mallory Stewart, Sergei Skripal, Alexey Navalny –, Vladimir Putin, Navalny Organizations: CNN, US State Department, Ukrainian, Chemical Weapons Convention, CWC, Russian Embassy, CDC, State Department, United, United Arab Emirates, US, NATO Locations: United States, Russia, Ukraine, Russian, Netherlands, China, Azerbaijan, Belgium, Slovakia, Turkey, United Arab, Moscow, Ukrainian, Siberia
The US Navy used its SM-3 missile interceptor in combat for the first time last month. AdvertisementThe US Navy will need a lot more of its SM-3 missile, an interceptor that only recently scored its first-ever kill, to counter Pacific threats like China, the sea service's top civilian official said on Wednesday. The Missile Defense Agency's budget request for FY25 cuts procurement of SM-3 Block IB variant, which became operational a decade ago. During Wednesday's hearing, South Carolina Rep. Joe Wilson referred to this variant as the Navy's "primary defense against tactical ballistic missiles for the Aegis Ballistic Missile Defense" weapons system. AdvertisementThe Navy, however, is already getting a taste of what it's like to battle anti-ship ballistic missiles.
Persons: , Navy Carlos Del Toro, Del Toro, Joe Wilson, Paul Ignatius, MCS2 Nathan T, Beard Organizations: US Navy, China, Service, Navy, House Armed, Missile Defense Agency, Combat, Missile Defense, South Carolina Rep, Aegis Ballistic Missile Defense Locations: China, Tehran, Israel, Lake Erie, Kauai, Hawaii, Washington, Beijing, American, Iran, Gulf of Aden
The US has supplied long-range ATACMS to Ukraine, a powerful weapon that can hit high-value targets. One analyst said they have the potential to render Crimea "militarily worthless." AdvertisementLong-range ATACMS provided by the US to Ukraine have the potential to make Crimea "militarily worthless" to Russia, according to one military analyst. The US has previously sent ATACMS with a shorter range, which aided Ukraine's fight last fall. This story is available exclusively to Business Insider subscribers.
Persons: , Ukraine's Organizations: US, Service, New York Times, Army Tactical Missile Systems, Business Locations: Ukraine, Crimea, Russia, Ukraine's
AdvertisementUkraine's massive weekend drone attack on a Russian airbase deep behind enemy lines suggests Kyiv may be trying to curb the threat of Moscow's devastating glide bombs, according to new Western intelligence. Destroyed Russian glide bomb kits are visible in footage from the ground following the strike. Russia's defense ministry said in March that it began increasing production of several types of munitions — including 6,600-pound ones — that could be modified and turned into glide bombs. Saturday's strike on the Kushchyovskaya airbase isn't the first time Ukraine has gone after Russian airbases hosting fighter-bombers that can drop glide bombs. Experts have warned that Russian glide bombs pose a tremendous threat to Ukrainian forces.
Persons: , Russia's Su, kgibcTnREI — Brady Africk, Brady Africk, Russian Su Organizations: Service, Saturday, Kyiv Independent, Ukrainian, American Enterprise Institute, Russian Defense Ministry, Getty, Institute for, Russian Locations: Russia, Kyiv, Ukrainian, Avdiivka, Moscow, Russian, Anadolu, Ukraine, Rostov
Investors shouldn't get too scared by the recent market pullback, according to Bank of America. The firm believes the recent downside movement is a promising entry point before the market returns to green this summer. April marks the worst month for the S & P 500 since September 2023 as investors' expectations for rate cuts fell on hot economic data. As of Tuesday morning, the S & P 500 was last trading around 5,100. The S & P 500 has tested its 5,000 support level, Suttmeier added.
Persons: Stephen Suttmeier, Suttmeier, — CNBC's Michael Bloom Organizations: Bank of America Locations: upsides
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