Market

US and Russian Leaders Set for Historic Alaska Summit Amidst Global Tensions

Wall Street Holds Steady Ahead of Trump-Putin Meeting

As the world turns its eyes towards Anchorage, Alaska, for a pivotal meeting between United States President Donald Trump and Russian President Vladimir Putin, Wall Street futures showed little movement in premarket trading. This high-stakes dialogue comes at a time of heightened global tensions, particularly concerning Ukraine.

US Reaffirms Support for Ukraine

In a reassuring move, US Vice President JD Vance emphasized during a virtual meeting with Ukrainian President Volodymyr Zelensky and European leaders that Washington would not negotiate an end to the war without Ukraine's involvement. This statement underscores the US's commitment to its allies amidst ongoing conflicts.

Market and Currency Updates

At 4:17 am ET, the Dow Jones, Nasdaq 100, and S&P 500 all traded flat, reflecting the market's cautious stance ahead of the summit. On the currency front, the euro experienced a slight decline, trading 0.18% lower against the dollar at $1.16839 by 4:27 am ET.