United States stock markets bounced back sharply on Friday following reports that the U.S. and Ukraine have revived talks over a major minerals deal. The Dow Jones Industrial Average rose by over 350 points to trade at 39,944.16 (+0.89%), while the Nasdaq 100 Index climbed 119.39 points (+0.65%) to reach 18,462.96.
According to a report by The New York Times, a Ukrainian delegation arrived in Washington for a new round of in-person negotiations that could give the United States a significant stake in Ukraine’s vast natural resource reserves. The discussions mark a key development in the months-long efforts between Kyiv and Washington to finalize a resource-sharing arrangement.
The White House recently presented a revised draft of the agreement that addresses some of Kyiv’s earlier objections, reviving hopes of a breakthrough. Former President Donald Trump has reportedly framed the deal as a way to recoup past U.S. aid to Ukraine. Ukrainian President Volodymyr Zelensky, on the other hand, hopes the agreement could help secure defense guarantees for his country.
The news offered a boost to investor sentiment already shaken by global trade tensions and rising geopolitical risks. Wall Street’s turnaround comes after sharp volatility earlier in the day, including a 500-point dip in Dow futures. With both indices trading in green and commodity markets like gold surging to new highs, the global investment landscape remains highly sensitive to diplomatic developments.
