Wall Street ends higher as signs of de-escalating tensions along Russia-Ukraine border sparked risk-on session

Wall Street ended sharply higher yesterday, as signs of de-escalating tensions along the Russia-Ukraine border sparked a risk-on session. All three major US equity indexes witnessed robust gains. Tech and tech-adjacent stocks provided the biggest boost and pushed the Nasdaq Composite Index 2.5 percent up. The Dow Jones Industrial Average climbed 1.2 percent and the S&P 500 surged 1.6 percent.