Futures Slide, Ruble Sinks as West Isolates Russia: Markets Wrap

Futures Slide, Ruble Sinks as West Isolates Russia: Markets Wrap

(Bloomberg) — U.S. equity futures slid Monday, while bonds and commodities including oil rose, amid heightened market uncertainty after Western nations unveiled harsher sanctions on Russia for the invasion of Ukraine.

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S&P 500 contracts and those for the technology-heavy Nasdaq 100 were down over 2%. European futures declined 4%. Oil and palladium jumped, with Brent crude again vaulting above $100 a barrel.

Rallies in a dollar gauge, gold and Treasuries underlined the…


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