Russia said it is ready to send personnel to negotiate with Ukraine, and the situation in Eastern Europe is expected to cool down. All three major U.S. stock indexes rose sharply on Friday.
The Dow opened with a slight increase of dozens of points, and then the increase continued to expand to more than 800 points, returning to 34,000 points; the benchmark index also rose more than 2%.
The Dow Jones index closed at 34,058 points, up 834 points or 2.51%; the S&P 500 closed at 4,384 points, up 95 points or 2.24%; the Nasdaq index closed at 13,694 points, up 221 points or 1.64%.
Pharmaceutical stocks outperformed, with P&G up 4.27% and Amgen up 3.54%.
Energy stocks also rose significantly, Exxon Mobil rose 2.69%, Chevron rose 4.1%.
In addition, 3M rose 4.74%, Travelers rose 4.17%.
In terms of major technology stocks, Apple rose 1.3%, Microsoft rose 0.92%, Tesla rose 1.14%, NVIDIA rose 1.72%, Amazon rose 1.61%, Alphabet rose 1.33%, and Meta rose 1.39%.
Russia reportedly mobilized troops to attack Ukraine Dow futures fell another 500 points Gold prices hit a new one-year high Morgan Stanley: Once the geopolitical crisis eases, U.S. stocks are expected to rebound 5% quickly Goldman Sachs: If the Russian-Ukrainian crisis breaks out, the Nasdaq may fall by about 10%
