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Trade Tensions Rattle Wall Street’s Momentum

After an impressive streak of gains that pushed major U.S. indices to record highs, the stock market faced a sharp reversal as renewed trade tensions triggered investor anxiety. The Dow Jones Industrial Average, S&P 500, and Nasdaq all pulled back in Friday’s session, with financials and industrials leading the retreat. Concerns were reignited after new tariffs targeting tech and manufacturing imports between the U.S. and China surfaced, prompting fears of escalating economic friction. These measures, aimed at protecting domestic industries, were met with criticism from global partners and stoked uncertainty about the broader trade landscape. Analysts note that while earnings remain strong and economic indicators are still resilient, the shadow of protectionism looms large. Investor sentiment, which had been buoyed by dovish monetary policy and solid corporate results, now finds itself caught in geopolitical crosswinds. Many traders are now recalibrating their expectations heading ...
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Trump Signals Potential for Ukraine to Reclaim Land Amid Deepening Rifts with Allies at UN

In a recent statement, U.S. President Donald Trump suggested that Ukraine might be able to reclaim some of its territories occupied by Russia, though he acknowledged the challenges involved. Speaking during a meeting with French President Emmanuel Macron at the White House, Trump remarked, "You’re asking whether or not they [Ukrainians] could take back the land that they lost. And I say that yes, perhaps some of it, yes. But that’s not an easy thing to do".

This statement comes amid ongoing negotiations between the U.S. and Russia, which have notably excluded Ukraine from the discussions. The decision to exclude Ukraine has sparked backlash in Europe and Ukraine, with European leaders expressing concerns about being sidelined by the U.S. Macron has been actively rallying European counterparts to discuss security guarantees for Ukraine.

The situation has further strained relations between the U.S. and its European allies. French President Macron emphasized that peace must not mean the surrender of Ukraine, highlighting the importance of maintaining Ukraine's sovereignty and territorial integrity. The U.K. Prime Minister Keir Starmer is expected to visit Washington later this week to meet with Trump and discuss the ongoing conflict and potential resolutions.

As the negotiations continue, the international community remains watchful of the developments and the potential impact on the geopolitical landscape. The exclusion of Ukraine from the talks and the deepening rifts with European allies underscore the complexities and challenges of finding a resolution to the conflict.


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