S&P 500, Dow rise with focus on Russia-Ukraine peace talks, Fed

Energy shares slip as Brent falls below $110; all eyes on Fed policy meeting

Gains in financial and healthcare shares bolstered the Dow and the S&P 500 index on Monday, as investors pinned their hopes on Russia-Ukraine peace talks, while shifting their focus to the upcoming Federal Reserve policy meeting.

The conflict has roiled global financial markets and fueled concerns about runaway inflation as prices of oil and other commodities skyrocket in the face of tough Western sanctions against Russia.

Talks between Ukraine and Russia paused on Monday and will continue on Tuesday, one of Kyiv's negotiators said on Twitter.

Ukraine had begun "hard" talks with Russia on a ceasefire, immediate withdrawal of troops and security