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Stocks Waver as US-Russia Summit Looms
- On August 15, 2025, global stock markets experienced fluctuations as investors reacted to varied US economic indicators and anticipated a significant US-Russia summit in Alaska.
- The mixed data included a rise in US retail sales and consumer sentiment alongside an unexpected slight fall in industrial production and ongoing tariff concerns.
- Japan's economy grew 0.3 percent in Q2 despite tariffs imposed by President Trump on Japanese imports, while Chinese economic figures weakened leading to mixed Asian stock performances.
- Shares in Nvidia and AMD declined after Trump announced upcoming massive semiconductor import duties, while Intel shares surged 7.4 percent amid reports of possible government investment.
- Russia's foreign minister declined to predict summit outcomes as oil prices remained volatile amid trader uncertainty over possible resumed Russian exports and future sanctions.
64 Articles
64 Articles
Asian stocks mixed before US-Russia summit
TOKYO, Japan — Asian stocks were mixed Friday after better-than-expected Japanese growth and weak Chinese data. This, while oil slipped back ahead of a US-Russia summit on Ukraine. On Thursday Wall Street closed with little change as strong wholesale inflation data tempered optimism about the US Federal Reserve cutting interest rates. A quarter-point cut is still
US stocks closed mixed on Friday as investors await the outcome of Donald Trump's summit with Vladimir Putin in Alaska.
A US official revealed that all options are on the table for the upcoming summit between President Donald Trump and his Russian counterpart, Vladimir Putin, in Alaska. He did not rule out Trump withdrawing from the meeting “unless Putin is serious about striking a deal to end the war in Ukraine.” According to the official, the White House is “cautiously optimistic” about the meeting, stressing that Trump believes it is necessary to be in the roo…
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