Stock market news live updates: Stocks fall as investors brace for more potential EU sanctions on Russia

Stock market news live updates: Stocks fall as investors brace for more potential EU sanctions on Russia

U.S. stocks were mixed Tuesday as investors monitored the war in Ukraine and braced for the possibility of new European sanctions against Russia.

The S&P 500 fell roughly 0.3%, and the Dow Jones Industrial Average was near breakeven. The Nasdaq Composite was down 1.2%, paring gains from a rally in the previous trading session prompted by a 27% surge in Twitter (TWTR) that came after Tesla (TSLA) CEO Elon Musk revealed he purchased a 9.2% stake in the social media company. Twitter again inched higher on Tuesday after the company said it would name musk to its board, a day after the Tesla boss disclosed his stake.

Meanwhile, WTI crude oil advanced nearly 1% to trade at about $104 per barrel.