U.S. stocks largely shrugged off a heated discussion between President Donald Trump and Ukrainian President Volodymyr Zelensky, where Trump warned of a potential ‘World War III.’ After an initial dip and a brief spike in Wall Street’s ‘fear gauge,’ U.S. equities ended the day sharply higher. Analysts viewed the exchange as more of a ‘theater’ from Trump, with hopes that a Ukraine-Russia peace deal could still progress. Keith Lerner, co-chief investment officer at Truist Advisory Services, noted this perspective on Friday afternoon. — news from MarketWatch
