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Dow Jones Slips as Geopolitical Tensions Rise; S&P Maintains U.S. Rating
Dow Jones Slips as Geopolitical Tensions Rise; S&P Maintains U.S. Rating
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BTCCSquare news:
The Dow Jones Industrial Average relinquished early gains, dipping into negative territory as markets reacted to evolving Russia-Ukraine diplomacy. President TRUMP confirmed efforts to arrange a Zelenskyy-Putin meeting, potentially including U.S. participation, with Budapest under consideration as a venue. The administration simultaneously pledged aerial support for Ukraine while ruling out ground troop deployment.
Market sentiment remains cautious as Trump's approval ratings hover at 40%, with over half of polled Americans expressing concerns about his perceived alignment with Russia. Meanwhile, S&P Global affirmed its AA+ credit rating for the U.S., citing anticipated tariff revenues to offset fiscal expenditures from recent legislation.
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