Stock Markets Rise on Signs of Easing Ukraine Tensions

Financial Markets Wall Street
AP/Richard Drew
NEW YORK -- U.S. stocks are closing higher as investors were relieved by reports of easing tensions between Ukraine and Russia.

News reports said Russia had ended military exercises near Ukraine.

The Dow Jones industrial average (^DJI) rose 185 points, or 1.1 percent, to close at 16,553 Friday.

The Standard & Poor's 500 (^GSPC) index rose 22 points, or 1.2 percent, to 1,931. The Nasdaq composite (^IXIC) rose 35 points, or 0.8 percent, to 4,370.

The gain in the S&P 500 was the biggest since March 4 and turned the index higher for the week.

Lululemon (LULU) rose 3 percent after the company's founder agreed to sell half his stake as part of a deal to avert a battle for control.

Bond prices fell. The yield on the 10-year Treasury note edged up to 2.42 percent.

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Iselin007

Back in the late 1600's some of these wheelers and dealers would of been tried for witch craft.

August 09 2014 at 7:31 PM Report abuse -1 rate up rate down Reply
1 reply to Iselin007's comment
Iselin007

http://www.legendsofamerica.com/ma-witches-r-s.html

You wouldn't be looking for trouble in the late 1600's especially with my ancestors relatives.

August 10 2014 at 10:18 AM Report abuse -1 rate up rate down Reply
Iselin007

Multiply all these negatives you get a positive. :)

August 09 2014 at 7:13 PM Report abuse -1 rate up rate down Reply
Iselin007

Don't you just enjoy the excuses given to quantify an up or down stock market or commodity.

Like they really give a hoot about anybody or anything but their cut of the take.

August 09 2014 at 11:45 AM Report abuse -1 rate up rate down Reply
alamaden

The Stock Market goes UP or DOWN..DUE TO " UKRANIAN TENSIONS".... HEY HP... YOU NEED TO REMEMBER THAT TELLING THE TRUTH IS NO 1 IN JOURNALISM.... SO WHY NOT START NOW AND STOP TELLING THESE BULLSHIT STORIES ABOUT THE UKRAINE AND TELL THE PUBLIC THE REAL TRUTH AS TO WHY THE STOCK MARKET GOES UP OR DOWN IF YOU EVEN KNOW..... Sometimes it seems obvious that you and your writers including that Arianna guy , can just say anything you damn well please and expect the drone public to believe this bullshit just because you write it in a column... such wonderful idiots you are!

August 09 2014 at 10:12 AM Report abuse rate up rate down Reply
1 reply to alamaden's comment
Iselin007

Thank you for being honest and telling it like it is.

August 10 2014 at 10:23 AM Report abuse -1 rate up rate down Reply
gene and irene

This stock market is total BS. The crap that goes on over there has nothing to do with our economy. It's all about the greedy selling off and turning around and buying back for a profit. As far as i see it the market is 25% over value. It is all about GREED.

August 08 2014 at 6:45 PM Report abuse rate up rate down Reply
2 replies to gene and irene's comment
toned99

Thats EXACTLY how the Oil Markets are run.. I say AS the CORRUPTION continues. It's all based on DRAMA,and CONDITIONS. PATHETIC. Who believes this CORRUPTION.

August 09 2014 at 12:07 AM Report abuse -1 rate up rate down Reply
1 reply to toned99's comment
Iselin007

Funny they aren't not bidding the price of oil up currently. Nothing has really changed except part time workers who work multiple jobs have to burn more oil.

August 09 2014 at 12:03 PM Report abuse -2 rate up rate down
classof68gto

If one is making money in the market it is hardly BS.

August 09 2014 at 11:33 PM Report abuse -1 rate up rate down Reply
1 reply to classof68gto's comment
Iselin007

Pirates use to make a lot of money too.

August 10 2014 at 10:25 AM Report abuse -1 rate up rate down
bdyftns

But, but, I thought the sky was falling. No? Ummmmmm, a 'correction?' No? Interesting.

August 08 2014 at 5:55 PM Report abuse -4 rate up rate down Reply
1 reply to bdyftns's comment
beth_brock

It is falling. It just hasn't conked you on the head yet.

August 08 2014 at 10:27 PM Report abuse -1 rate up rate down Reply
1 reply to beth_brock's comment
Iselin007

Mean while the real economy suffers while the investment gamblers play on with their backs to the rest of society.

August 09 2014 at 11:58 AM Report abuse -2 rate up rate down