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Abstract:Dow ends 350 points higher as Biden touts NATO response to Russia-Ukraine war,
As #NATO leaders gather in Brussels, investors around the world will be looking for clues on what the Allies‘ next steps will be in response to Russia’s invasion of Ukraine. #BDSwiss Head on Investment Research Marshall Gittler was quoted by MarketWatch on his views about the Wests possible future response to the evolving situation in #Ukraine and how it may impact global food and energy prices. #russiaukraine
U.S. stocks closed higher Thursday afternoon, as world leaders met to respond to Russias invasion of Ukraine and investors monitored remarks by Federal Reserve officials.
Technology and communications stock had some of the stronger gains Thursday, with chipmaker Nvidia NVDA up 9.8%. The major indexes still were mixed for the week though, after recovering to levels seen before the start of the war in Ukraine, despite a jump in bond yields.
The Dow Jones Industrial Average DJIA rose 349.44 points, or 1%, ending at 34,707.94.
The S&P 500 SPX gained 63.92 points, or 1.4%, closing at 4,520.16.
The Nasdaq Composite COMP climbed 269.23 points, or 1.9%, finishing at 14,191.84.
On Wednesday, the Dow fell 449 points, or 1.3%, while the S&P 500 declined 1.2% and the Nasdaq Composite dropped 1.3%.
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