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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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Trump Condemns Putin’s Actions, Signals Possible Sanctions

In a rare and pointed rebuke, U.S. President Donald Trump has criticized Russian President Vladimir Putin, calling him “absolutely CRAZY” following Russia’s largest aerial assault on Ukraine since the war began. The attack, which involved hundreds of drones and missiles, resulted in multiple casualties and widespread destruction.

Speaking to reporters in New Jersey, Trump expressed his frustration, stating, “I don’t know what the hell happened to him. He’s killing a lot of people. I’m not happy about that”. He also hinted at the possibility of imposing additional sanctions on Russia in response to the escalating violence.

Despite his strong words for Putin, Trump also criticized Ukrainian President Volodymyr Zelensky, suggesting that his rhetoric was causing unnecessary problems. The Kremlin, meanwhile, has downplayed Trump’s remarks, attributing them to heightened emotions surrounding the conflict.

As tensions continue to rise, the international community watches closely to see whether Trump will follow through on his threats of increased sanctions or push harder for peace negotiations.

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