Russian Deputy Foreign Minister Ryabkov stated that it is too early to draw far-reaching conclusions about Russia-U.S. relations.

The Russian Foreign Ministry stated that the recent contacts between Russia and the United States mark the beginning of a long and challenging process of restoring relations.

U.S. semiconductor stocks weakened ahead of the market opening, with AMD down over 3%, NVIDIA down nearly 2%, and Taiwan Semiconductor and ASML Holding down more than 1%. In news, Microsoft has abandoned some new Datacenter projects in the U.S. and Europe, and market analysis suggests that the supply of Computer clusters powered by AI is in excess.