Oil prices jumped, while global stocks and U.S. futures fell, following Russian President Vladimir Putin ordered troops into two breakaway areas of Ukraine, bringing fears of all-out war to their highest level so far.
U.S. stock futures fell, putting indexes on course for losses when markets reopen following the Presidents Day holiday. Futures on the S&P 500 fell 1%, while technology-heavy Nasdaq-100 futures declined 1.7% and Dow Jones Industrial Average futures fell 0.9%.