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Wall Street

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Relieved investors sent stocks sharply higher on Tuesday after Russia pulled troops back from the border of Ukraine.

The rally pushed the Standard & Poor’s 500 index to an all-time high, erasing steep losses from Monday, when investors feared that the confrontation between Russia and Ukraine would escalate or even lead to a war.

Traders were relieved when Russian President Vladimir Putin ordered troops participating in military exercises near Ukraine to return to their bases.

As investors moved back to…

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