Stock futures rise as Ukraine tensions ease

NEW YORK (AP) — Global markets recovered Tuesday after Russian President Vladimir Putin ordered troops participating in military exercises near Ukraine to return to their bases. Stocks rose, while oil and gold fell.

KEEPING SCORE: Dow Jones industrial average futures jumped 168 points to 16,316 as of 9:20 a.m. Eastern time. Standard & Poor's 500 index futures rose 18 points to 1,861 and Nasdaq futures gained 38 points to 3,707. All three U.S. indexes climbed 1 percent.

WORLD MARKETS: In Europe, major stock indexes also rebounded from sharp declines on Monday. Germany's DAX jumped 2 percent and Britain's FTSE 100 increased 1.4 percent. OIL, GOLD AND BONDS: Oil fell $1.31 to $103.61 a barrel in New York. On Monday, it rose sharply following warnings by Washington and other governments that Russia, a major oil exporter, might face sanctions after it seized control of Ukraine's Crimean Peninsula.

The yield on the 10-year Treasury note rose to 2.64 percent from 2.60 percent late Monday as investors sold safer investments like U.S. government.

Related Headlines

  • Daniel Leporin, Michael Urkonis

    Stocks drop sharply; Amazon, tech shares drop

    The stock market fell sharply Friday, dragged down by disappointing quarterly results from Amazon and Ford. Escalating tensions between the U.S. and Russia over Ukraine also ... 

  • Joseph Murray

    Stocks rally as tensions ease in Ukraine

    Relieved investors sent stocks sharply higher on Tuesday after Russia pulled troops back from the border of Ukraine. The rally pushed the Standard & Poor's 500 index to an ... 

  • Renewed fighting in Ukraine rattles stocks

    Renewed fighting in Ukraine rattled markets on Friday. Reports that Ukrainian forces attacked Russian military vehicles that had crossed the border knocked stock markets down ... 

  • Jeffrey Vazquez, James Denaro

    Stocks end lower ahead of critical Ukraine vote

    Stock investors started the week worrying about China. They ended it waiting on Russia. Investors spent much of Friday monitoring developments in the Ukraine's region of ... 

Find the best rates

Find your future job here