United States stocks slid on Thursday, with the S&P 500 marking its biggest daily percentage drop in two weeks, as investors shifted to defensive sectors and safe havens such as bonds and gold while geopolitical tensions between Washington and Russia over Ukraine flared.After Ukrainian forces and pro-Moscow rebels traded fire in eastern Ukraine, US President Joe Biden said there was every indication Russia was planning to invade in the next few days and was preparing a pretext to justify it.Russia accused Biden of stoking tensions and released a strongly worded letter saying Washington was ignoring its security demands and threatening unspecified “military-technical measures”.
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