US stocks edge lower at midday after early rise
09/03/2014 11:11 AM
09/03/2014 11:13 AM
The U.S. stock market is slipping after an early rise brought on reports of a cease-fire agreement in Ukraine.
The Standard & Poor’s 500 eased one point, or less than 0.1 percent, to 2,000 in midday trading Wednesday. The Nasdaq fell 25 points, or 0.6 percent, to 4,572. The Dow Jones industrial average rose 20 points, or 0.1 percent, to 17,087.
The S&P 500 was up as much as seven points earlier after news that Russian President Vladimir Putin issued a peace plan for eastern Ukraine.
European and Russian stocks rose on the news. Russia’s MICEX benchmark index was up 3.5 percent. Germany’s DAX index, which is sensitive to the crisis because of the country’s economic ties with Russia, jumped 1.3 percent.
Wichita Top Jobs
Quality Drive Away
Kansas Aviation Museum
KANSAS LAW ENFORCEMENT TRAININ
Residence Inn Wichita
Join the Discussion
The Wichita Eagle is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.