Stocks ended broadly higher on Wall Street Tuesday as investors welcomed signs that tensions might ease in Ukraine.
Moscow said some troops near Ukraine’s borders would begin returning to their bases, however U.S. President Joe Biden said that claim remains unverified. Bond yields rose after another indicator on inflation came in higher than expected.
On Tuesday:
The S&P 500 rose 69.40 points, or 1.6%, to 4,471.07.
The Dow Jones Industrial Average rose 422.67 points, or 1.2%, to 34,988.84.
The Nasdaq rose 348.84 points, or 2.5%, to 14,139.76.
The Russell 2000 index of smaller companies rose 55.67 points, or 2.8%, to 2,076.46.
For the week:
The S&P 500 is up 52.43 points, or 1.2%.
The Dow is up 250.78 points, or 0.7%.
The Nasdaq is up 348.60 points, or 2.5%.
The Russell 2000 is up 46.32 points, or 2.3%.
For the year:
The S&P 500 is down 295.11 points, or 6.2%.
The Dow is down 1,349.46 points, or 3.7%.
The Nasdaq is down 1,505.21 points, or 9.6%.
The Russell 2000 is down 168.85 points, or 7.5%.
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