U.S. stock-index futures were headed sharply lower Monday evening as 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.
How are stock-index futures performing?
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Dow Jones Industrial Average futures
YM00,
-1.34% YMH22,
-1.34%
were trading 468 points, or 1.4%, lower to reach around 33,542. -
Futures for the S&P 500 index
ES00,
-1.55% ESH22,
-1.55%
were trading 68.50 points, or 1.6%,…
