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By Jeremy Glaser | 09-03-14 | 03:15 PM | Email Article

U.S. Market    
Stocks pared early gains today to end mixed as investors considered news of progress in a ceasefire between Russia and Ukraine. 

Jeremy Glaser is the Markets Editor for

Russian President Vladimir Putin said today that Russia and Ukraine are in broad agreement to the outline of a peace process in Eastern Ukraine. Ukrainian officials earlier confirmed a deal has been struck, but later said that no agreement had been reached. Ukraine is set to meet with separatist leaders on Friday. 

The Fed's Beige Book, a report on current economic conditions which was released today, shows that the economy is still growing at a moderate or modest level. The housing sector lagged behind and there were no major changes across Fed districts. 

At market close the Dow was up 0.1%, the S&P 500 was down 0.1% while the Nasdaq was off 0.6%.

Stocks on the Move
Shares of  Toll Brothers were down 4.7% after the firm reported third-quarter results. The firm said it earned 53 cents a share in the quarter compared to 26 cents per share in the third-quarter of 2013. The firm sold 1,444 homes (compared to 1,059 in 20123) and saw the average price rise 12% to $732,000.

Securities mentioned in this article



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Jeremy Glaser does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.
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