Market in Review: Week of March 8, 2014

by Angie Hembury

Market in ReviewStock prices got punished in the first session of the week as tensions between Russia and Ukraine escalated. The Dow faltered by 0.9%, while both the S&P 500 and the Nasdaq lost 0.7%.

Geopolitical unrest dissipated Tuesday after Russia pulled troops back from the Ukrainian border and investors celebrated by going on a buying spree sending the Major Indexes into record territory. The Dow soared 227.85 points, or 1.4%, its best day of 2014. The S&P 500 climbed 28.18 points, or 1.5%, a new record closing high and the Nasdaq hit a fresh 14-year high, picking up 74.67 points, or 1.8%.

Read more: http://www.nasdaq.com/article/market-in-review-week-of-3814-cm334066#ixzz2vl0huIoP