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Diplomatic Overture: Lavrov Signals Willingness to Meet Rubio

                                                     Russian Foreign Minister Sergei Lavrov Russian Foreign Minister Sergey Lavrov has expressed readiness to meet with U.S. Senator Marco Rubio, signaling a potential opening for dialogue amid strained relations between Moscow and Washington. Lavrov’s statement comes at a time when geopolitical tensions remain high, with both nations navigating disagreements over security, sanctions, and global conflicts. While no formal agenda has been announced, the prospect of a meeting suggests that both sides may be exploring avenues to reduce friction and establish communication channels. Rubio, a senior Republican senator known for his strong stance on foreign policy, has frequently criticized Russia’s actions on the international stage. A meeting between the two figures could mark a rare...
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Wall Street Pauses as Hot Producer Prices Test Fed Rate-Cut Hopes

 



US stock futures were mixed Thursday morning as investors digested hotter-than-expected producer price data, a key gauge of wholesale inflation. The report arrived just a day after the S&P 500 and Nasdaq notched fresh record closes, fueled by optimism that the Federal Reserve could begin cutting interest rates as early as September.

Futures tied to the Dow Jones Industrial Average, S&P 500, and Nasdaq hovered near the flatline, reflecting investor caution ahead of additional economic releases, including weekly jobless claims. The market’s recent rally has been underpinned by softer consumer price data earlier in the week, which bolstered bets on a rate cut.

However, the hotter PPI reading could complicate the Fed’s decision-making, especially as policymakers weigh inflation trends against signs of a cooling labor market. Treasury yields edged lower, while major tech names traded slightly higher in premarket action.

With retail sales data due Friday, traders are bracing for more clues on the economy’s trajectory — and whether the Fed will stick to the anticipated easing path.

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