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Ukraine Deploys Elite Forces to Defend Strategic Hub of Pokrovsk

  FILE PHOTO: Ukrainian service members of the 33rd Separate Mechanised Brigade practice firing an anti-tank guided missile weapon system MILAN as they attend a military drill near a frontline, amid Russia's attack on Ukraine, in Donetsk region, Ukraine June 13, 2024. Ukraine has launched a daring operation to reinforce its defenses in the embattled eastern city of Pokrovsk , deploying special forces by helicopter earlier this week, according to Ukrainian military sources. The move comes as Russian forces intensify their push into Donetsk, with Moscow claiming to have surrounded Ukrainian troops in the area. Pokrovsk, a vital road and rail hub , has become a focal point of the conflict, as its capture could open the way for deeper Russian advances into the Donbas region. A video circulating online appears to show at least 10 Ukrainian servicemen disembarking from a Black Hawk helicopter in an open field near the contested city. The operation was reportedly overseen by Kyrylo B...
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Market Optimism Grows Amid Tariff Relief and Earnings Reports

U.S. stock futures showed a modest rise in premarket trading as optimism grew over potential tariff relief in the automotive sector. The Trump administration signaled plans to ease tariffs on foreign auto parts, a move expected to alleviate pressure on domestic manufacturers and reduce trade tensions. This development has sparked hope among investors, contributing to the positive market sentiment.

Key earnings reports from major companies, including Coca-Cola and Spotify, are also in focus. While Coca-Cola surprised investors with better-than-expected earnings, Spotify's mixed results and cautious guidance led to a dip in its stock price. Additionally, General Motors delayed its earnings call to reflect potential tariff changes, adding to the anticipation.

Investors are closely monitoring economic data, including consumer confidence and job openings, as well as upcoming reports on GDP and nonfarm payrolls later in the week. With Big Tech giants like Apple, Amazon, and Microsoft set to release their quarterly results, the market is bracing for a busy and potentially pivotal week.

The S&P 500, Dow Jones Industrial Average, and Nasdaq futures all edged higher, reflecting cautious optimism as traders await further clarity on trade policies and corporate performance.

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