Mar 5, 2014

Morning Market Report

Markets surge worldwide as the threat of war in Ukraine eases.

The market is up 46 points. DOW up 228.

Ukraine tension eases — European stocks closed higher on Tuesday after Russian President Vladimir Putin reassured markets and citizens that any use of force in Ukraine would only be a last resort. At a press conference he said there was “no need yet” to exercise authority in Ukraine and he was not considering annexing Crimea. Putin was said to be pushed into abandoning action by the damage in Russian financial and currency markets.

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