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US stocks ease at midday after an early rise on cease-fire reports from Ukraine

The U.S. stock market is slipping after an early rise brought on reports of a cease-fire agreement in Ukraine.

The Standard & Poor's 500 eased one point, or less than 0.1 percent, to 2,000 in midday trading Wednesday. The Nasdaq fell 25 points, or 0.6 percent, to 4,572. The Dow Jones industrial average rose 20 points, or 0.1 percent, to 17,087.

The S&P 500 was up as much as seven points earlier after news that Russian President Vladimir Putin issued a peace plan for eastern Ukraine.

European and Russian stocks rose on the news. Russia's MICEX benchmark index was up 3.5 percent. Germany's DAX index, which is sensitive to the crisis because of the country's economic ties with Russia, jumped 1.3 percent.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 4.12% up 4.00%  
15 Y Fixed Graph 3.14% up 3.00%  
30 Y Fixed Jumbo Graph 4.24% up 4.17%  
5/1 ARM Graph 3.25% up 3.01%  
5/1 Jumbo ARM Graph 3.61% up 3.52%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.67% up 4.32%  
$50K HELOC Graph 4.04% up 3.99%  
$30K Loan Graph 5.00% up 4.99%  
$50K Loan Graph 4.36% -- 4.36%  
$75K Loan Graph 4.36% -- 4.36%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.70% dw 2.84%  
36 M Used Graph 3.19% dw 3.37%  
48 M New Graph 3.03% dw 3.16%  
48 M Used Graph 2.91% dw 3.00%  
60 M New Graph 3.07% dw 3.17%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.39% up 0.38%  
1 yr Graph 0.70% -- 0.70%  
5 yr Graph 1.50% dw 1.50%