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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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Uncertainty Clouds Ukraine-Russia Talks as Putin Skips Meeting

The latest attempt at peace talks between Ukraine and Russia has been thrown into disarray following Russian President Vladimir Putin’s absence from the negotiations in Turkey. Ukrainian President Volodymyr Zelenskiy had publicly challenged Putin to attend the talks in person, but the Kremlin instead sent a delegation of aides and deputy ministers.

Zelenskiy, who arrived in Ankara for discussions with Turkish President Tayyip Erdogan, described the Russian delegation as "decorative" and questioned whether they had the authority to make meaningful decisions. The absence of Putin has led to confusion over the next steps, with Ukraine yet to confirm its participation in the talks scheduled to take place in Istanbul.

The diplomatic uncertainty comes as both sides attempt to demonstrate their commitment to peace, particularly under pressure from U.S. President Donald Trump, who has urged an end to what he calls "this stupid war". Washington has warned that it may withdraw its mediation efforts if no progress is made.

With expectations for a breakthrough now significantly lowered, Zelenskiy has reiterated his call for an immediate 30-day ceasefire, while Putin has insisted that discussions on the details of such a truce must take place first. As the world watches, the future of the negotiations remains uncertain.

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