US stocks recorded strong gains at the end of trading yesterday, Wednesday, March 10th, as the S&P 500 index recorded its best daily performance since June 2020, as shares benefited from the rise in risk appetite in the markets due to optimism about the Ukrainian-Russian talks that will take place today, which supported Crude prices fell from their highest levels.

It is expected that the foreign ministers of Russia and Ukraine will meet in Turkey today, Thursday, where the markets are looking at this time with optimism, given the change in Ukraine’s opinion after its President Zelensky’s statements that he is no longer pressing for NATO membership and showed his readiness to make some concessions to end the war, which Russia considered One of the main reasons for its war on Ukraine.

In terms of stock movement, the Amazon company’s stock rose by about 2.40% and by more than 7% in the supermarket trading after the closure, as the company announced the splitting of its shares on the basis of 20 to 1 and the start of the process of repurchasing the share by 10 billion dollars

The Dow Jones Industrial Average closed up by about (653) points at the close at 33.286 levels, with gains of about 2%, and it is now trading in the futures for today’s session, Thursday, at 33.183 levels, down by about 82 points.

While the S&P 500 index recorded gains at the close at 4.277 levels, an increase of about 107 points or 2.57%, and it is now trading in futures at 4.265 levels, down by about 10 points.

While the Nasdaq index recorded increases by (460 points) to close the session at 13.255 points, recording gains of about 3.60%, and it is now trading in the futures, down by about 56 points.