Stock futures jump on report that Russia is returning some troops to bases

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Stock futures jump on report that Russia is returning some troops to bases
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Stock futures were mixed as traders kept an eye on simmering tensions between Russia and Ukraine.

U.S. stock futures surged on Tuesday morning after the Russian Defense Ministry reportedly announced that it had begun returning some troops to deployment bases after training exercises near the Ukrainian border.

military units from the southern and western districts of Russia had already begun returning to their garrisons, a move that could de-escalate the febrile geopolitical stand-off between Russia and the West over Ukraine.The Dow closed lower by 171.89 points, or 0.5%, after falling more than 400 points at one point. The S&P 500 dropped as much as 1.2% before ending the day 0.4% lower. The Nasdaq Composite fell 0.9% at one point before closing just below the flatline.

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