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Market Volatility: Stocks Flatten as Powell's Remarks Weigh on Gains

The stock market experienced a turbulent session on Wednesday, ultimately closing near flat after Federal Reserve Chair Jerome Powell's comments on monetary policy and inflation concerns. The S&P 500 ended nearly unchanged , giving back earlier gains as investors digested Powell’s remarks on the Fed’s stance regarding interest rates and economic restraint. Powell reiterated that the central bank remains cautious about inflation, particularly in light of tariff-driven price increases expected over the summer. While the Fed signaled that borrowing costs are likely to decline this year, the pace of future rate cuts appears to be slowing.  Following Powell’s speech, U.S. Treasury yields reversed their earlier declines , influencing market sentiment. The Dow Jones Industrial Average fell 43.83 points (0.10%) , while the Nasdaq Composite managed a slight gain of 23.66 points (0.12%).  Investors also kept a close eye on geopolitical developments, particularly tensions in the Midd...
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Putin Proposes Meeting with Trump to Discuss Ukraine War and Energy Prices

In a recent statement, Russian President Vladimir Putin expressed his desire to meet with U.S. President Donald Trump to discuss the ongoing Ukraine war and energy prices. Putin emphasized the importance of addressing these issues, which have been highlighted by Trump in the early days of his new administration.

Putin acknowledged that serious peace talks with Ukraine would be challenging unless the West pressured Ukrainian President Volodymyr Zelenskiy to cancel a 2022 decree that bars negotiations with the Russian leader. He described Trump as smart and pragmatic, and expressed hope that a meeting could lead to constructive discussions on matters of mutual interest.

Trump, who was recently sworn in for a second, non-consecutive term, has also expressed his willingness to meet with Putin and seek an early end to the conflict. He has criticized the war as "ridiculous" and damaging to Russia's economy.

The proposed meeting marks a significant shift in the Kremlin's approach, as there has been little high-level contact with Western leaders due to the war in Ukraine. Both leaders have indicated their readiness to work together, with Putin noting his "pragmatic and trusting" relationship with Trump.

The potential summit could address various issues, including arms control and energy, given that both countries are major oil producers and consumers. Putin highlighted the need for stable oil prices, which are crucial for both economies.

As the world watches closely, the outcome of this proposed meeting could have far-reaching implications for the ongoing conflict in Ukraine and global energy markets.

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