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How the S&P 500 will react to three Russia-Ukraine scenarios, according to a UBS machine-learning model

Trader Peter Tuchman works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 1, 2022.
Brendan McDermid | Reuters

As geopolitical risk rules market action, UBS used machine learning to predict how U.S. stocks could react to different scenarios in the Russia-Ukraine conflict.