Share Market News / Wall Street is buzzing after Trump-Zelensky meeting, the market will not fall!

Share Market News: The eyes of the whole world were fixed on the meeting between US President Donald Trump and Ukrainian President Volodymyr Zelensky. Wall Street was also keeping a close eye on this meeting. When the initial things came out, the stock market fell, which increased the concern of investors. But later the market rose and all three major indexes of Wall Street closed in the green. This indicated that the doors for the minerals deal between the US and Ukraine are still open.

Tension between Trump and Zelensky

Donald Trump launched a scathing attack on Zelensky during a meeting in the Oval Office on Friday. Trump blamed him for inciting the Third World War, after which Zelensky left the White House without signing the minerals deal. Immediately after this incident, the US stock market registered a decline.

Reaction of the US stock market

After this development, there was an initial decline in the Nasdaq, S&P 500 and Dow Jones. However, by the end of the day the market improved and Wall Street closed with strength.

The Nasdaq closed at 18,847.28 with a gain of 302 points.

The S&P 500 closed at 5,954.50 with a gain of 93 points.

The Dow Jones closed at 43,840.91 with a gain of 601.41 points.

Analysts believe that the market still hopes that a minerals deal can be reached between the US and Ukraine, which will increase the possibility of a solution to the Russia-Ukraine war.

Impact on Indian stock market

The Indian stock market was in a downtrend for the last five months, but after the strength of Wall Street, it is expected to improve. The continuous decline in Sensex and Nifty had caused huge losses to the investors, but due to positive signals from the US market, the Indian market can also return to growth.

The Sensex closed 1,414.33 points lower at 73,198.10 on Friday.

The Nifty closed 420.35 points lower at 22,124.70.

Further prospects

According to experts, if the US and Ukraine reach an agreement on the minerals deal, the global markets will stabilize. This will also increase the possibility of a boom in the Indian market. In the coming weeks, investors will have to keep an eye on US-Ukraine relations, as this will determine the direction of the market.