Stocks surged Tuesday as traders celebrated reports of a softening of tension in Ukraine. The three major indexes were in positive territory, with the
The Dow Jones industrial average jumped 192 points, or 1.2%, to 16,360 at 7:55 a.m. PST. The S&P 500 was up 24 points, or 1.3%, to 1,870 and the Nasdaq was up 73 points, 1.7%, to 4,350.
Traders were buying on reports Russian President
Among the most actively traded stocks,
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European markets were also showing sharp gains, with key indexes up 2% in Germany and France.
Other U.S. stocks in the news Tuesday were