U.S. stock futures bounced back from overnight lows Tuesday morning but remained below the flatline to start the holiday-shortened week as investors continued to monitor tensions between Russia and Ukraine and await the Kremlin’s next move.
Futures on all three major indexes traded just below breakeven as of 7:15 a.m. ET ahead of Tuesday’s open. Contracts on the S&P 500 were mostly flat, down 0.28% to 4,331.50, while futures tied to the Dow Jones Industrial Average ticked slightly lower by 0.32% to 33,899. Nasdaq futures fell 0.74% to 13,893.
Wall Street was closed for trading on Monday in observance of Presidents Day, but investors will return from the long weekend to a series of new developments on the geopolitical front that are likely to extend the recent pressure on stocks.
Russian President Vladimir Putin authorized the deployment of Russian troops into two breakaway…
