Trump’s ‘World War III’ warning to Zelensky rattled stocks. Why they quickly recovered.

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U.S. stocks largely looked past a heated discussion on Friday between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky in the Oval Office, which saw Trump claim Ukraine was gambling with “World War III.”

After an initial dip for stocks and a

brief spike in Wall Street’s “fear gauge,” U.S. equities ended the day sharply higher — reacting to the exchange as more “theater” from Trump amid hopes that a Ukraine-Russia peace deal could still move forward, said Keith Lerner, co-chief investment officer at Truist Advisory Services, on Friday afternoon.

This post was originally published on Market Watch

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