Stock Market Today: Ukraine Talks Bring Out the Bulls

Even amid skepticism of Russia's announcement that it would pull back military operations around Kyiv, Wall Street took a glimmer of peace hopes at face value.

bulls stampeding
(Image credit: Getty Images)

Fresh signs of at least the potential of a resolution in Eastern Europe whetted risk appetites Tuesday, even as the ominous 2-10 yield curve came even closer to inverting.

During the latest round of talks with Ukraine today, Russian Deputy Defense Minister Alexander Fomin said his country's military would "drastically" remove its military presence from Kyiv. That triggered another day of buying from investors, who weren't deterred by a U.S. official's skeptical comment to news outlets that Russia's moves indicated "a redeployment, not a withdrawal."

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Kyle Woodley

Kyle Woodley is the Editor-in-Chief of WealthUp, a site dedicated to improving the personal finances and financial literacy of people of all ages. He also writes the weekly The Weekend Tea newsletter, which covers both news and analysis about spending, saving, investing, the economy and more.

Kyle was previously the Senior Investing Editor for Kiplinger.com, and the Managing Editor for InvestorPlace.com before that. His work has appeared in several outlets, including Yahoo! Finance, MSN Money, Barchart, The Globe & Mail and the Nasdaq. He also has appeared as a guest on Fox Business Network and Money Radio, among other shows and podcasts, and he has been quoted in several outlets, including MarketWatch, Vice and Univision. He is a proud graduate of The Ohio State University, where he earned a BA in journalism. 

You can check out his thoughts on the markets (and more) at @KyleWoodley.