US Stock Futures Surge on Report of Russian Troops Returning to Bases

U.S. stock futures edged higher prior to the opening session on Tuesday morning after the Russian Defense Ministry reportedly announced that some troops had begun returning to deployment bases after training exercises near the Ukrainian border.

As of 16:43 local time in Thailand, Dow Jones Futures rose 0.89% to 34,872.30 points. Meanwhile, S&P 500 Futures increased 1.18% and Nasdaq gained 1.66%.

 

Following the news media written in Russian published today, Defense Ministry spokesman Igor Konashenkov said that part of the Russian troops are returning to their places of permanent deployment from the site of the Allied Resolve-2022 exercises.

The units of the Southern and Western military districts, having completed their tasks, have already begun loading onto rail and road transport and will begin moving to their military garrisons today. Separate units will make marches on their own as part of military columns,” said Konashenkov.