Finance & Mortgage

Stock market up following Putin's comments on Ukraine

U.S. stocks climbed for a second straight session on Tuesday, with the S&P within 1 percent of its intraday record after comments from Russian President Vladimir Putin relaxed investors' concerns that tensions over Ukraine could escalate.

Yen slides as Russia sanctions seen as modest

The safe-haven yen fell broadly on Monday after the United States and the European Union imposed what investors perceived to be modest economic sanctions on some officials of Russia and Ukraine following Crimea's vote to join Moscow over the weekend.

Russian assets rally on view Western sanctions to be limited

Russian shares and the ruble rebounded on Monday on the view that Western sanctions over Crimea would be limited to individuals rather than including trade or financial measures that would inflict significant economic damage.