Business

Snapshot: Ukraine war threat eases, and stocks soar

Advertisement

Stocks rose sharply after Russia sent troops participating in military exercises near Ukraine back to their bases. That pushed the S&P 500 to a record, erasing steep losses from Monday, when investors feared the confrontation between Russia and Ukraine would lead to war. As investors moved back into riskier assets, prices fell for safe-play investments like bonds and gold. In another sign there’s a greater appetite for risk, the Russell 2000 index of small-company stocks set a record, too; it posted the biggest percentage gain on major US stock indexes, 2.7%. Markets in Europe and Asia also recouped much of Monday’s losses.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com