Stocks rally, oil slips as Russia-Ukraine tensions ease

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Reuters UK

By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -Stocks on Wall Street and in Europe rebounded on Tuesday while oil prices fell after Russia indicated it was withdrawing some troops from exercises near Ukraine and President Vladimir Putin said he saw room for further discussion with the West. President Joe Biden later said a Russian attack on Ukraine remained possible and that the United States would defend every inch of NATO territory. Gold and bond prices slid as safe-haven assets lost some of their appeal with tensions possibly easing over Ukraine. But NATO said it had yet …

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