U.S. stocks closed high as Ukraine-Russia concerns ease

U.S. stocks closed high on Tuesday, and the S&P closed closing at a record high as concerns over the conflict between Russia and Ukraine eased.

The Dow Jones industrial average soared 227.85 points or 1.41%, and closed at 16,395.88. The S&P 500 added 28.18 points or 1.53%, and closed at 1,873.91. The NASDAQ Composite Index added 74.671 points or 1.75%, and closed at 4,351.972.

The S&P 500 has closed at a record high for the second time since Friday.

The Wilshire 5000 Index closed above 20,000 for the first time. The index has increased 193.55% or $15.9 trillion from its low on March 9, 2009.

Among top Dow Jones Industrial Average performers were American Express, up 2.91%, Walt Disney, up 2.78%, and Goldman Sachs, up 2.41%.

Among the Dow Jones Industrial Average’s worst performers were 3M, up 0.36%, Chevron, up 0.40%, and Intel, up 0.43%.

At the close of European trade, the EURO STOXX 50 added 2.68%, France’s CAC 40 added 2.45%, while Germany’s DAX 30 added 2.43%. In the U.K., the FTSE 100 increased 1.72%.

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