CORRECTED-US STOCKS-Wall St pares losses as Ukraine concerns ease

miércoles 12 de marzo de 2014 14:06 GYT

(Corrects fifth paragraph to show copper price hit lowest since July 2010, not July 2012)

* EPL Oil to be acquired by Energy XXI for $2.3 bln

* Retailer Express slumps after outlook

* Indexes down: Dow 0.09 pct, S&P 0.12 pct, Nasdaq 0.15 pct

By Chuck Mikolajczak

NEW YORK, March 12 (Reuters) - U.S. stocks were little changed on Wednesday, as equities recouped much of their earlier declines amid signs of progress in diplomatic attempts to ease tensions surrounding Ukraine.

U.S. Secretary of State John Kerry will meet with his Russian counterpart Sergei Lavrov in London on Friday ahead of a referendum Sunday on whether the Ukraine's Crimean peninsula will join Russia or go independent.

"People are just kind of reassessing, they are looking at that headline and thinking maybe it is not going to turn out to be a disaster in Russia and Ukraine," said Ken Polcari, Director of the NYSE floor division at O'Neil Securities in New York.

"It's good they are talking and it's good Kerry is going to do it before the weekend - if they do something on Friday to allay any fear over the weekend, that is a positive."   Continuación...