On May 21, Russian President Putin stated that given the increasingly tense global situation, the country's nuclear triad must serve as a reliable guarantee of the sovereignty of Russia and Belarus. The use of nuclear weapons is only a last resort. (Dongxin News Agency)
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Putin: Use of Nuclear Weapons Only as a Last Resort
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Report: Bitcoin Shows Signs of Repeating 2022 Trading Patterns
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U.S. Stock Indices Open Lower
On May 21, U.S. stocks opened with the Dow Jones down 0.27%, the S&P 500 down 0.39%, and the Nasdaq down 0.5%. Microsoft (MSFT.O) rose 1.1% amid reports that Anthropic is in talks to use its artificial intelligence chips. U.S. Rare Earths (USAR.O) increased by 2.7% after being selected for a pilot rare earth processing project by the U.S. Department of Energy. IBM (IBM.N) saw a 3% rise as the company is set to receive $1 billion in U.S. government funding to advance quantum computing development. NIO Inc. (NIO.N) rose by 5%, reporting a 112.2% year-on-year increase in revenue for the first quarter. -
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