Stock futures rise as Crimea vote outcome anticipated by market


Markets are taking the results of Crimea's referendum in stride even though Western leaders are likely to announce economic sanctions on Russia; S&P, Dow and Nasdaq futures all +0.6%.

NY Fed said manufacturing activity in the New York region rose in line with expectations, and industrial production climbed more than expected.

The major European bourses are trading higher across the board, while Asian markets ended mixed; the Nikkei (-0.4%) slumped to its lowest level in six weeks, and the Shanghai Composite +1% on Beijing's announcement that it plans to speed up urbanization.

Safe-haven investments also showed little concern over the Crimea vote, as the yield on the 10-year Treasury note rose to 2.682% from 2.645% and gold futures inched up less than 0.1%

Still ahead: NAHB housing market index.

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