AMD - Ukraine War Update: European ETFs rise U.S. agriculture stocks fall amid peace talks

Here are the latest headlines in the Russia-Ukraine crisis: European ETFs gain, U.S. ag stocks drop European ETFs rose some 2% to 3% Tuesday on word that Russian and Ukrainian negotiators might have made progress in their latest peace talks. The Vanguard FTSE Europe ETF (VGK) added 2.5% on the news, while the iShares MSCI Eurozone ETF (EZU) gained 3.4%. Conversely, U.S. fertilizer maker Mosaic (MOS) and food processor Archer Daniels Midland (AMD) both fell some 5% because peace in farming powerhouse Ukraine could lower global grain prices. No rubles G7 energy ministers have rejected Vladimir Putin's demand that Russian natural gas should be paid for in rubles, saying it would be a "clear and unilateral violation of existing contracts." The stance raises the possibility of energy supplies being cut off to Europe, which currently imports 40% of its gas needs from Russia. Robert Habeck, Germany's Economics and Energy Minister,

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Ukraine War Update: European ETFs rise, U.S. agriculture stocks fall amid peace talks