Historically, Trump's statements on international relations and geopolitical conflicts have had significant impacts on the stock market. In this case, his call for a peace deal between Russia and Ukraine could lead to increased market confidence and reduced volatility, particularly in the defense and energy sectors. A peaceful resolution could also positively impact global trade and economic growth, which would be beneficial for the stock market as a whole. However, the success of such a deal is uncertain and depends on various factors, including the willingness of involved parties to negotiate. The market may react positively to this development, at least in the short term, as it reduces uncertainty and the potential for further escalation. The defense sector, in particular, may experience increased volatility as investors weigh the potential implications of a peace deal on defense spending and contracts.