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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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Medvedev: Peace Talks Should Secure Russian Victory, Not Compromise

Former Russian President Dmitry Medvedev has stated that any future peace talks regarding the conflict in Ukraine should focus on securing a swift and decisive Russian victory, rather than engaging in negotiation or compromise. His remarks reflect Moscow’s hardened stance as the war enters its third year.

“Peace negotiations must aim to consolidate our gains and guarantee Russia’s interests,” Medvedev said, according to Russian state media. He added that dialogue for the sake of diplomacy alone is “meaningless” if it does not align with Russia’s strategic goals.

Medvedev, who currently serves as deputy chairman of Russia's Security Council, has increasingly adopted a hawkish tone since the invasion began in February 2022. His comments come amid ongoing Western efforts to encourage diplomatic resolutions, including recent calls from international leaders for renewed ceasefire discussions.

Ukraine has rejected any negotiations that involve territorial concessions, while Russia insists that regions it claims to have annexed—such as Donetsk, Luhansk, Kherson, and Zaporizhzhia—are non-negotiable.

Medvedev’s statement underlines the Kremlin’s unwillingness to make concessions, further complicating prospects for peace.

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