Stocks Higher After Trump-Zelenskyy Clash

By Stefan J. Bos, Chief International Correspondent

NEW YORK (Worthy News) – The world’s leading stock exchange in Wall Street ended higher on Friday following a choppy trading session, with Dell Technologies dipping and other tech stocks climbing after a meeting between U.S. President Donald J. Trump and his Ukrainian counterpart Volodymyr Zelenskyy ended in a disaster.

Zelenskyy and Trump traded verbal blows at the White House in front of the world’s media.

The live broadcast spectacle led to more uncertainty over Ukraine’s war with Russia for investors already worried about sticky U.S. inflation and other economic challenges.

Adding to concern was the failure of both sides to sign an agreement that Trump said is worth 500 billion dollars “but not until Ukraine is ready to have a constructive conversation,” a senior U.S. official explained.

Zelenskyy was seen leaving the White House early after their bitter exchange of words.

The standoff followed after Zelenskyy suggested that the U.S. follows Russia’s “broken promises” and urged Trump to understand that Russian President Vladimir Putin is a “killer” among other qualifications.

Despite the standoff, the S&P 500 index of leading companies climbed 1.59 percent to end the session at 5,954.50 points.

Worthy News monitored the technology-heavy Nasdaq index, which gained 1.63 percent to 18,847.28 points, while the Dow Jones Industrial Average rose 1.39 percent to 43,840.91 points.

Adam Sarhan, chief executive at investments advisory services firm 50 Park Investments, wasn’t surprised about the late rally. “The news, if you watched it live, it was pretty worrisome. It got heated, and Zelenskiy the is considered an ally of the U.S. That’s why the market sold off, but then cooler heads prevailed. Zelenskyy either is going to make a deal, or he’s not,” Sarhan added.

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