It was a very quiet day in the US stock market:
- Dow industrial average fell -33.93 points or -0.08% at 44912.19
- S&P index fell -0.64 points or -0.01% at 6449.16.
- The NASDAQ index rose 6.80 points or 0.03% at 21629.77
The small-cap Russell 2000 rose 7.94 points or 0.35% at 2294.46,
The markets seemed more intent to watch the proceedings from the White House meetings with Ukraine’s Zelenskyy and the EU leaders.
There was nothing surprising:
- Ukraine and EU leaders would like security guarantees in regard to future Russian aggression
Trump suggests that the EU/NATO would be on the front line as far as the security guarantees(the US wants to sell defense tanks, instead of giving away defense/tanks), but the US would play a role. What that role is… is unknown.
The expectations are there will not be a cease-fire ahead of the next meeting if that can take place.
Although Trump thinks that Putin is ready for a deal, he did hedge himself by saying he did not know if there was going to be a deal or not.
This article was written by Greg Michalowski at investinglive.com.
