The tone has continued to improve today with the market sorting out that Russia hasn't (yet) invaded any territory that Ukraine separatists already hold.
S&P 500 futures had been deeply red but futures are now down just 8 points.
Meanwhile, the Russian MOEX was down 10% shortly after the open but it's now down just 1%. It's a sign that sanctions haven't been as bad as feared.
The economic calendar today includes the Markit US manufacturing and services data as well as consumer confidence and the Richmond Fed.
