💨 Abstract
Stock futures rallied on Thursday due to optimism over a potential peace deal between Ukraine and Russia, although trade war fears persisted as U.S. President Trump announced plans for reciprocal tariffs. Hot inflation data in the U.S. led to a jump in Treasury yields, reducing expectations for further policy easing from the Federal Reserve this year. Oil prices dropped, while gold remained near record highs.
Courtesy: theprint.in
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