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Wall Street Ends Higher After Zelenskyy And Trump Clash
Wall Street has ended higher after a choppy trading session, with Dell Technologies dipping and other tech stocks climbing after a meeting between the US President Donald Trump and Ukrainian counterpart Volodymyr Zelenskyy ended in disaster.
Zelenskyy and Trump traded verbal blows at the White House before the worlds media on Friday. This created fresh uncertainty over Ukraines war with Russia for investors already worried about sticky US inflation and a tepid economy.
The S P 500 moved lower immediately after the clash before recovering and ending the day with a gain.
Zelenskyy left the White House without signing a much-vaunted deal between Ukraine and the US over the joint development of natural resources.
The news, if you watched it live, it was pretty worrisome. It got heated, and Zelenskyy is considered an ally of the US, said Adam Sarhan, chief executive at 50 Park Investments.