Shares of Vipshop Holdings ( VIPS ), an online discount retailer for brands in China, rallied 33.5% to 170.59 with the session peak of $182 a record high. Russian President Vladimir Putin said there is "no need yet" to use military force in Ukraine and that news offset bearish economic data on UK construction activity and deflationary risks in the Eurozone. E-Commerce China Dangdang ( DANG ) stock rose 14% to $16.88, with the earlier session peak of $17.25, a 2-1/2 year high.