US Stock Market Reacts to Trump-Putin Dialogue

In a day marked by significant geopolitical developments, major US stock indexes closed lower. This downturn followed a highly anticipated phone call between US President Donald Trump and Russian President Vladimir Putin. The leaders agreed to initiate Ukraine peace talks, focusing on an "energy and infrastructure ceasefire." Putin has also directed the military to halt attacks on Ukrainian energy infrastructure for a 30-day period.

Tech and Automotive Innovations Unveiled

In the realm of technology and automotive advancements, Nvidia made headlines by unveiling new AI chips. Additionally, the company announced a groundbreaking collaboration with General Motors aimed at developing next-generation vehicles.

Market Performance Overview

The Dow Jones Industrial Average fell by 0.61%, shedding 260 points by the close. The Nasdaq 100 experienced a more significant drop, plunging 1.66%, while the S&P 500 decreased by 1.06%.

Currency Movements

On the currency front, the euro saw a modest increase of 0.22% against the dollar, trading at $1.094467 at 3:59 pm ET.

Stay tuned for further updates...