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Trump and Zelensky Tout Progress Toward Peace Deal Despite Major Sticking Points

   U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky hold a press conference after their lunch meeting at Trump's Mar-a-Lago club. Former U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky struck an optimistic tone after meeting in Florida, suggesting that negotiations toward a potential Ukraine‑Russia peace agreement are nearing completion. Trump described the talks as “very close,” while Zelensky said the two sides had aligned on the majority of key issues. The meeting followed Trump’s recent call with Russian President Vladimir Putin, which he characterized as constructive. Zelensky emphasized that the discussions were productive and that both leaders share a desire to accelerate the path toward ending the conflict. Despite the upbeat messaging, significant obstacles remain. Unresolved issues reportedly include territorial questions, long‑term security guarantees for Ukraine, and the sequencing of troop withdrawals—topics that hav...
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Wall Street Wavers Amid Tech Sector Turmoil and China Trade Concerns

 

Wall Street experienced a mixed opening on Thursday, following a significant downturn in the technology sector due to escalating trade tensions with China. Premarket trading showed varied results, with the Dow Jones Industrial Average futures dipping by 0.2%, while S&P 500 futures rose by 0.2%. The tech-heavy Nasdaq, which had its worst day since 2022, managed a slight rebound of 0.4%.

The market’s volatility was largely driven by concerns over potential new trade restrictions. Reports indicated that U.S. President Joe Biden is considering stringent measures against companies like ASML and Tokyo Electron if they continue to supply advanced semiconductor technology to China. This news sent shockwaves through the tech sector, with shares of Tokyo Electron plummeting 8.8% and other chip-related stocks also taking a hit.

In addition to the tech sector’s woes, Domino’s Pizza saw a significant drop of over 10% after announcing lowered expectations for store openings this year. Conversely, Chuy’s Holdings surged by 47% following the announcement of its acquisition by Darden Restaurants in a $605 million deal.

European markets showed modest gains, with France’s CAC 40 up 0.5%, Germany’s DAX inching up 0.2%, and Britain’s FTSE 100 adding 0.6%. Meanwhile, Japan’s Nikkei 225 index closed down 2.4%, reflecting the broader concerns over trade and currency fluctuations.

As the day progresses, investors will be closely monitoring developments in trade policies and their potential impact on the global economy.


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