Market

US Stock Markets Show Cautious Open as Ukraine Peace Talks Loom with Global Leaders

Market Reaction to Upcoming Ukraine Peace Discussions

As the world turns its eyes towards Washington for the pivotal meeting between US President Donald Trump and Ukrainian President Volodymyr Zelensky, the US stock markets opened with caution. The Dow Jones Industrial Average saw a slight decline, while the Nasdaq 100 and S&P 500 remained flat, reflecting the market's wait-and-see approach.

Key Movements in Early Trading

At the opening bell, the Dow Jones Industrial Average dipped by 0.14%, with Home Depot leading the downturn with a 1.41% drop. Meanwhile, the currency markets saw the euro losing 0.23% against the dollar, trading at $1.16762.

Global Leaders Gather for Summit

In addition to the crucial Ukraine talks, President Trump is scheduled to meet with several European leaders and NATO Secretary-General Mark Rutte, underscoring the global significance of the summit and its potential impact on international relations and markets.