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Territorial Disputes Dominate Geneva Peace Talks

US President Donald Trump's son-in-law Jared Kushner, US Special Envoy Steve Witkoff, US Secretary of State Marco Rubio, US Army Secretary Daniel Driscoll sit before closed-door talks with Head of the Office of the President of Ukraine Andriy Yermak  (not pictured) on ending Russia's war in Ukraine, at the US Mission in Geneva, Switzerland. Negotiators from Russia and Ukraine convened in Geneva for a new round of U.S.-mediated peace talks, with territorial disputes emerging as the central point of contention. The discussions, held over two days, come amid heightened pressure from U.S. President Donald Trump, who has urged Kyiv to “come to the table fast” in pursuit of a settlement.  Both sides remain deeply divided over land claims, which have become the primary obstacle to progress. The Kremlin has signaled that territorial issues will dominate the agenda, while Ukrainian President Volodymyr Zelenskyy has voiced concerns that Kyiv is facing disproportionate p...
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Wall Street Slips as Powell Flags Lofty Stock Valuations

U.S. stocks pulled back on Tuesday, snapping a three-day streak of record highs, after Federal Reserve Chair Jerome Powell warned that equity prices appear “fairly highly valued.”

The S&P 500 fell 0.6%, the Nasdaq Composite dropped 1%, and the Dow Jones Industrial Average slipped 0.2%, despite hitting an intraday record earlier in the session.

Powell, speaking at the Greater Providence Chamber of Commerce, reiterated the Fed’s delicate balancing act: inflation risks remain tilted to the upside, while employment risks lean to the downside. He emphasized that there is “no risk-free path” for policymakers, underscoring the challenges ahead.

Tech stocks led the decline, with Nvidia sliding nearly 3% after its recent surge on AI investment news. Amazon, Microsoft, and Apple also weighed on the Nasdaq. Meanwhile, Boeing gained 2% after securing new international orders, helping limit losses on the Dow.

Investors are now turning their attention to upcoming economic data, particularly the Fed’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, due later this week.


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