Dow adds nearly 800 points recording the best day of 2022
Stocks moved up after Putin agreed to negotiations with Ukraine
By Yashasvini Razdan
Published - Feb 25, 2022, 09:52 PM ET
Last Updated - Feb 15, 2024, 01:38 PM EST
• Stocks moved up after Putin agreed to negotiations with Ukraine
• Oil prices fell below $100 per barrel as energy supplies from Russia escaped US sanctions
The US stock benchmarks jumped on Friday, with the Dow Jones Industrial Average leading the pack, as investors looked past Russia’s invasion of Ukraine in a bid to make gains.
The Dow Jones Industrial Average added about 748 points, or 2.3%, to trade at 33,972. The blue-chip average is on track for its best day since late 2020. The S&P 500 was up by 83 points, or 1.9%, to trade around 4,371. The Nasdaq Composite rose by 172 points, or 1.3%, to trade at 13,646.