Wall St rallies for second day after Ukraine shock – Reuters

Wall St rallies for second day after Ukraine shock – Reuters

Feb 25 (Reuters) - Wall Street's main indexes rallied for a second straight session on Friday as investors hunted for bargains at the end of a volatile week sparked by Russia's invasion of Ukraine, with sentiment also lifted by Moscow's willingness for talks.

Global stocks rebounded, while oil prices fell below $100 a barrel and safe-haven gold came off 18-month highs after Western sanctions on Russia targeted its banks but left its energy sector largely untouched.

Russian President Vladimir Putin told his Chinese counterpart Xi Jinping in a call that Russia was willing to hold high level talks with Ukraine, China's foreign ministry said. read more