Ukraine Debt Deal

Global stocks gained on Friday after Russia made coupon payments due on two of its sovereign bonds in dollars this week, even as Western sanctions have pushed Russian financial dealings into the doldrums.

The Kremlin today insisted Russia has made its last offer to Ukraine on restructuring its debt as the clock ticks down on a deadline this month that could see Kiev pushed into default.

IMF chief Christine Lagarde on Tuesday pressed Ukraine's hold-out creditors such as Russia and a handful of Western investment houses to write off some of the crisis-wrecked country's massive debt.

US stocks opened flat on Tuesday, the first trading session after the S&P 500 closed at a record high, although investors continued to watch the uncertainty over a Greek debt deal and a fragile Ukraine truce.

Global stocks gained on Friday after Russia made coupon payments due on two of its sovereign bonds in dollars this week, even as Western sanctions have pushed Russian financial dealings into the doldrums.

The Kremlin today insisted Russia has made its last offer to Ukraine on restructuring its debt as the clock ticks down on a deadline this month that could see Kiev pushed into default.

IMF chief Christine Lagarde on Tuesday pressed Ukraine's hold-out creditors such as Russia and a handful of Western investment houses to write off some of the crisis-wrecked country's massive debt.

US stocks opened flat on Tuesday, the first trading session after the S&P 500 closed at a record high, although investors continued to watch the uncertainty over a Greek debt deal and a fragile Ukraine truce.