5 things to know before the stock market opens Friday

5 things to know before the stock market opens Friday

1. Futures jump on hopes of progress in Russia-Ukraine talks roughly 300 points, or nearly 1%, on Friday. S&P and Nasdaq futures jumped roughly 1% and 1.2%, respectively, on hopes of progress in Russia-Ukraine ceasefire talks. Shortly before 6:30 a.m. ET, Reuters sent a brief bulletin quoting Russian President saying there are "certain positive developments" in the talks. However, those futures' gains faded some from earlier. The was . U.S. oil prices to around $106 per barrel. 2. Russia widens military Ukraine offensive, troops approach Kyiv As investors try to of Putin's reported comments, Russia in Ukraine on Friday, striking near airports in the west of the country for the first time. New satellite images appear to show that a large Russian convoy approaching Kyiv has been redeployed to towns and forests outside the city, potentially signaling a renewed push to bear down on the Ukrainian capital. There's also mounting outrage after a deadly airstrike hit a maternity hospital in the key Ukrainian port city of Mariupol. 3. U.S., allies may revoke Russia's most favored trading status With the invasion now in its third week, the U.S. and its allies prepared to step up their efforts to isolate and sanction