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U.S. markets mixed after Putin cites "positive movement" in talks with Ukraine

U.S. markets mixed after Putin cites "positive movement" in talks with Ukraine

CBSN
Friday, March 11, 2022 03:40:05 PM UTC

U.S. markets had mixed reactions on Friday, with investors seemingly somewhat cheered by Russian President Vladimir Putin citing "positive movement" in talks with Ukraine, Bloomberg reported. 

In morning trade the Dow Jones Industrial Average rose 0.7% to 33,404. The S&P 500 was up 0.4%, and tthe tech-heavy Nasdaq slipped 0.3%.

The Russian president's remarks come as Ukrainian civilians in besieged areas of the country continue to flee brutal attacks by Russian forces poised for a possible assault on Kyiv and other major cities. CBS News senior foreign correspondent Charlie D'Agata reports residents are fleeing Ukraine's capital. Some never get the chance to flee as heavy fighting leaves many trapped or dead. As Russian attacks intensify, hunkering down, hiding out and hoping the worst won't happen is no longer an option.

Read full story on CBSN
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