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Market Jitters Return as Cooler CPI Surprises Wall Street

A softer‑than‑expected U.S. Consumer Price Index reading sent a ripple through financial markets today, creating an unusual dynamic: good news on inflation, but renewed pressure on major stock indexes. A Cooling CPI, but a Nervous Market The latest CPI report showed inflation easing more than economists anticipated. Under normal circumstances, that would be a welcome sign—suggesting the Federal Reserve may have more room to consider rate cuts later in the year. But markets don’t always behave logically in the moment. Today, the S&P 500, Dow Jones Industrial Average, and Nasdaq all slipped as investors reassessed what the data means for corporate earnings, interest‑rate expectations, and the broader economic outlook. Why Stocks Reacted This Way Several factors contributed to the pullback: Profit‑taking after recent market highs Concerns that cooling inflation reflects slowing demand Uncertainty about the Fed’s next move , even with softer price pressures Sector rotation ...
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Kremlin Sets Conditions for Putin-Zelenskiy Summit Amid Peace Talks Stalemate

The Kremlin announced Friday that any potential summit between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy would only occur as the final step in a comprehensive peace agreement. Kremlin spokesperson Dmitry Peskov emphasized that such a meeting must "cement the modalities and agreements worked out by experts," rejecting Ukraine’s proposal for an August summit as premature.

Ukraine has pushed for a leaders' meeting to accelerate progress in the slow-moving negotiations, which have included three brief rounds of talks in Turkey since mid-May. President Zelenskiy noted that Russia has begun engaging with the idea of a summit, calling it a sign of progress.

However, Peskov described the two sides’ positions as “diametrically opposed” and warned that bridging the gap would require extensive diplomatic effort. The urgency is compounded by U.S. President Donald Trump’s recent ultimatum, setting a 50-day deadline for a deal and threatening new sanctions on Russia and its trade partners if no agreement is reached by early September.

The Kremlin’s stance underscores the complexity of the peace process and the challenges ahead before any high-level meeting can take place.


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