Wall Street buoyed by signs of progress in Russia-Ukraine peace talks

Wall Street buoyed by signs of progress in Russia-Ukraine peace talks

The materials index, which includes miners and chemical companies, dipped 0.4%; the spread between US 2-year and 10-year Treasury yields moved another step closer to inversion

(Reuters) - 

U.S. stock indexes rose on Tuesday, boosted by signs of progress in negotiations between Russia and Ukraine to end their weeks-long conflict.

Moscow has decided to drastically cut military activity around Kyiv and northern Ukraine, while Ukraine proposed adopting a neutral status but with international guarantees that it would be protected from attack.

The proposals lifted risk sentiment, with European stocks