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Wall Street buoyed by signs of progress in Russia-Ukraine peace talks

The materials index, which includes miners and chemical companies, dipped 0.4%; the spread between US 2-year and 10-year Treasury yields moved another step closer to inversion

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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City (Photo: Reuters)

Reuters
Wall Street buoyed by signs of progress in Russia-Ukraine peace talks

The materials index, which includes miners and chemical companies, dipped 0.4%; the spread between US 2-year and 10-year Treasury yields moved another step closer to inversion

(Reuters) - 

U.S. stock indexes rose on Tuesday, boosted by signs of progress in negotiations between Russia and Ukraine to end their weeks-long conflict.

Moscow has decided to drastically cut military activity around Kyiv and northern Ukraine, while Ukraine proposed adopting a neutral status but with international guarantees that it would be protected from attack.

The proposals lifted risk sentiment, with European stocks

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mar 29 2022 | 7:11 PM IST

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