What to watch today: Stock futures jump after Russia says its pulling back some troops

What to watch today: Stock futures jump after Russia says its pulling back some troops

BY THE NUMBERS Dow and S&P 500 futures more than 1% and Nasdaq futures surged roughly 2% on Tuesday following Russia's announcement that some of its troops at the border with Ukraine were pulling back. , the , the and the logged their third straight negative sessions. (CNBC) As stocks popped, bond prices fell, . The topped 2% again Tuesday ahead of the government's latest inflation report at 8:30 a.m. ET. Investors will be looking at the producer price index to see if wholesale inflation ran as hot in January as last Thursday's look at consumer prices showed. (CNBC) * (CNBC) , as measured by futures, sank more than 3% on Tuesday on the apparent easing of Russia's aggressive posture toward Ukraine. When tensions were still high Monday, WTI jumped to more than $95 per barrel, its highest level since September 2014. (Reuters) Central bankers will also be watching the PPI and Tuesday's on President 's slate of nominees, including for a second term as Fed chairman. (Reuters) IN THE NEWS TODAY (INTC) on Tuesday announced a deal to buy Israeli chipmaker for $53 per share, or $5.4 billion, a 60% premium over Tower's Monday closing price. Tower's shares in