Russian troops return to bases after exercises, world stocks rise

|By:, SA News Editor

Russian President Vladimir Putin has ordered troops who participated in surprise military exercises across central and western Russia back to their bases.

The news has sparked a rise in U.S. stock futures and weakened oil and gold prices.

The drills began last Wednesday, with some taking place near the border with Ukraine, exacerbating fears about a possible Russian invasion of its neighbor.

U.S. stock futures: Dow +0.8%. S&P +0.8%. Nasdaq +0.8%

Russian's blue-chip MICEX index, which plunged 11% yesterday, is +2.3%, while the USD-RUB is -0.6% at 36.26 rubles.

In Asia, Japan +0.5%, Hong Kong +0.9%, India +1.2%, China -0.2%.

Gold -0.8%, oil -0.75%.

U.S. 10-year Treasury yield +3 bps to 2.64%.

Gold ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GLL, DZZ, UGLD, DGL, GLDI, DGZ, AGOL, DGLD, TBAR, UBG, GLDE, GYEN, GEUR, GGBP

Index ETFs: SPY, QQQ, SH, DIA, SSO, SDS, PSQ, IVV, SPXU, VOO, UPRO, TQQQ, QID, RSP, DOG, SQQQ, QLD, DXD, RWL, EPS, UDOW, SDOW, DDM, BXUB, QQEW, QQQE, TRND, SFLA, BXUC, QQXT, BXDB, TNDQ

Energy ETFs: UNG, USO, OIL, DGAZ, UCO, UGAZ, BOIL, SCO, GAZ, DTO, DBO, BNO, KOLD, UNL, IXC, CRUD, NAGS, USL, IPW, BARL, UHN, UWTI, DNO, DWTI, SZO, GNAT, DCNG, OLO, IOIL, OLEM, FILL, TWTI, AXEN

Russia and emerging markets ETFs: RSX, RUSL, CEW, ERUS, RUSS, RSXJ, GUR, RBL, ESR, JEM, RUDR