Mar 29, 2022

Wall Street opens higher as talks on Ukraine progress

Posted Mar 29, 2022 2:28 PM

NEW YORK (AP) — Stocks are opening higher on Wall Street Tuesday as talks on ending the war in Ukraine showed signs of progress.

The S&P 500 rose 1.1% in the early going, as did the Dow Jones Industrial Average.

Technology companies were doing especially well, sending the Nasdaq composite up 1.4%.

Energy stocks were lagging behind again as oil prices sank another 6%, sending the price of benchmark U.S. crude back below $100 a barrel.

Treasury yields edged lower again.

The yield on the 10-year Treasury note fell to 2.41%.

European markets were higher and Asian markets closed mixed overnight.