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Zelensky Urges Stronger U.S. Pressure After Strikes Freeze Kyiv

  People take shelter inside a metro station during a Russian missile and drone attack, in Kyiv. Ukrainian President Volodymyr Zelensky is calling for intensified U.S. pressure on Russia after a new wave of missile and drone strikes left parts of Kyiv without heat, electricity, and water. The attacks, which targeted critical infrastructure during freezing winter temperatures, plunged several districts into darkness and disrupted essential services. Emergency crews worked through the night to contain fires and restore power, while city officials warned residents to brace for further outages. The strikes are part of Russia’s ongoing campaign against Ukraine’s energy grid, a strategy that has repeatedly exposed civilians to dangerous winter conditions. Zelensky urged Washington and other Western partners to respond with a unified and forceful message to Moscow, arguing that only increased diplomatic and economic pressure can deter further attacks. He emphasized that the latest stri...

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Market Retreat: European Turmoil and Tesla’s Pay Package in Focus


US stock futures pulled back on Friday, signaling a retreat from all-time highs as European turmoil rattled nerves and Elon Musk’s pay package win put Tesla (TSLA) center stage. Here are the key points:

  • Dow Jones Industrial Average (YM=F) futures sank about 0.7%, leading the declines.
  • S&P 500 (ES=F) futures shed 0.5%.
  • Contracts on the tech-heavy Nasdaq 100 (NQ=F) were roughly 0.2% lower.

Stocks have been losing steam after the benchmark S&P 500 and Nasdaq Composite nailed record closes for the fourth day in a row, driven by strength in tech stocks. However, questions persist about the breadth of this year’s rally. Investors are closely watching the coming PCE inflation reading, which could impact the Federal Reserve’s interest rate decisions.

Meanwhile, Tesla shares were up around 1% in Friday’s premarket after shareholders re-approved CEO Elon Musk’s $56 billion pay package. Despite opposition from some large investors, 77% of votes were cast in favor, the EV maker said.

Not helping spirits was a slump in European stocks, which were headed for their worst week since October. Investors are concerned about the fallout for markets if the far right makes gains or even wins France’s snap election. Another dose of worry came from the Bank of Japan’s decision to hold off from giving details of its bond-buying cuts until July, a surprise move interpreted as delaying a rate hike.

In individual movers, Adobe (ADBE) shares jumped 15% after an upbeat AI sales projection from the Photoshop maker. Investors are also eyeing political turmoil in France as uncertainty about rate cuts dogs the market.


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