The mood on Wall Street was depressed at the start of the week.
(Photo: AP)
Berlin, NY The day after Russia’s attack on Ukraine, alleged signals that the government in Moscow was willing to talk brought relief to the stock markets. The leading US index gained 2.5 percent to 34,058 points.
The tech-heavy Nasdaq was up 1.6 percent to 13,694 and the broader S&P 500 was up 2.1 percent to 4,384. For the week as a whole, the S&P was up 0.8 percent and the Nasdaq was up 1.1 percent, while the Dow P was down 0.1 percent.
According to an agency report, the Russian government has signaled its willingness to hold talks. “Whether this is true or not, that was the catalyst that propelled us up. We continue to be in a choppy, headline-driven market,” said Dennis Dick, proprietary trader at brokerage Bright Trading.
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