U.S. stock-index futures were sharply lower early Tuesday after Russian President Vladimir Putin ordered troops to separatist groups within Ukraine.
U.S. stock-index futures were sharply lower early Tuesday, but off the worst levels overnight, when Russian President Vladimir Putin ordered the deployment of troops to separatist areas within Ukraine, after recognizing their independence, a move that some fear puts Ukraine and Russia one step closer to military conflict.
Markets in the U.S. were closed in observance of Presidents Day and trade on Tuesday will provide the first opportunity for investors to react to developments in Eastern Europe. What’s driving the market? Markets were set for big losses on Tuesday as Putin ordered forces Monday to “maintain peace” in separatist regions of eastern Ukraine. The announcement raised fears, which have kept investors skittish, that an invasion was about to materialize.
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