U.S. Futures Rise on Proposed Biden-Putin Summit: Markets Wrap

(Bloomberg) — U.S. equity futures rose and Asian stocks pared losses Monday as traders evaluated the possibility of a summit on Ukraine between President Joe Biden and his Russian counterpart Vladimir Putin.

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Nasdaq 100, S&P 500 and European contracts erased falls to climb about 1%, while an Asia-Pacific equity index came off its lows but stayed in the red. Markets are being whipsawed by Russia’s troop buildup near Ukraine and efforts at diplomacy to bring both sides…


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