Stocks Rally As Ukraine Crisis Averted

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Stocks rallied and reversed all of Monday's losses after Russian troops retreated from their offensive positions in Crimea, calming global worries about a possible Russian invasion of Ukraine. Investors poured back into equities in the U.S. and Europe, chasing the S&P 500 to another record high and the Dow Industrials up by more than 200 points.

Safe-haven assets such as government bonds and precious metals gave back yesterday's gains, while oil prices fell as the likelihood for a disruption in supply was alleviated by the ease in tensions between Russia and the West.



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This article appears in: Investing , Commodities

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