The U.S. financial markets closed slightly higher as investors turn their focus to corporate news and as tensions ease in Ukraine.

At the close on Wall Street, the Standard & Poor's 500 index closed up 5.3 points at 1,937. The Dow Jones industrial average climbed 16.1 points to 16,570. The Nasdaq composite added 30.4 points to close at 4,401.3.

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Travel booking website, the Priceline Group, rose 2 percent after it reported better earnings than analysts were expecting. Chiquita Brands soared 30 percent on a buyout offer.

Energy company Kinder Morgan rose 9 percent after announcing it would consolidate a group of oil and gas pipeline and storage companies it controls.

Bond prices barely budged. The yield on the 10-year Treasury note held steady at 2.42 percent.