The U.S. Market's Place in the Geopolitical Picture Stocks opened higher on Wednesday on news that Russian president Vladimir Putin had agreed to a cease-fire in the standoff between Ukrainian forces and Russian rebels. Unfortunately, Putin agreed to no such cease-fire, and stated that he had no authority to do so, since he maintains that his government has no control over the ethnic Russian rebels in eastern Ukraine. Stocks immediately gave back their gains once that was all cleared up, but the Market Vectors Russia ETF (Ticker: RSX) held on to and even extended its gains, closing the day up 6.06%. This indicates that traders believe the crisis in Ukraine is on the verge of being settled, and that the terms will be generous to Russian interests. ...

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