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Latin Times
Latin Times
Politics
Maryam Khanum

Russian Stocks Stay Strong Following Trump's Talk With Putin As US Market Hit By Staggering Slump

Donald Trump United States Vladimir Putin Russia Erin Burnett
US President Donald Trump and Russia's President Vladimir Putin shake hands before attending a joint press conference after a meeting at the Presidential Palace in Helsinki, on July 16, 2018. (Credit: Photo by Yuri Kadobnov/AFP via Getty Images )

Following a previous phone call between President Donald Trump and Russian President Vladimir Putin, Russian stocks have skyrocketed while U.S. stocks have faced staggering plunges.

The Dow is now down more than 2,500 points since Trump assumed office for his second presidential term, whereas the Moscow Exchange Index (MOEX) spiked in mid-February and has continued to climb and surge ever since then, according to CNN's Erin Burnett.

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