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Based on reports, US President Donald Trump ordered two US nuclear submarines to new positions after former Russian President Dmitry Medvedev dismissed Trump’s 10-day demand to end the Ukraine conflict.
Trump wrote on Truth Social that “Words are very important and can often lead to unintended consequences.” The move pushed traders into a cautious mood, showing how a single post can shake global markets.
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Submarine Maneuvers Spook Traders
Investors watched closely as the submarines moved closer to regions of tension. Rather than shrugging off the news, risk assets slumped.
Crypto and tech shares fell together, highlighting how closely linked those markets have become when big political storms brew.
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