US STOCKS-Wall St rises after Putin comments ease Ukraine worries

jueves 14 de agosto de 2014 14:42 GYT
 

* Putin strikes conciliatory tone

* Berkshire shares rise above $200,000

* Jobless claims rose more than expected in latest week

* Dow up 0.3 pct, S&P up 0.3 pct and Nasdaq up 0.3 pct (Updates to afternoon trading)

By Akane Otani

NEW YORK, Aug 14 (Reuters) - U.S. stocks rose modestly on Thursday after conciliatory comments from Russian President Vladimir Putin helped ease concerns about escalation in Ukraine and offset some uninspiring earnings reports.

Putin said Russia would stand up for itself but not at the cost of confrontation with the outside world, striking a conciliatory tone after months of tough rhetoric aimed at Ukraine.

The market had been pressured in recent weeks by uncertainty over the conflict between Russia and Ukraine.

Wal-Mart Stores Inc, the nation's largest retailer, met expectations for revenue and earnings but lowered its forecast for coming quarters. Shares of the Dow component were up 0.4 percent to $74.36.   Continuación...