US equity futures are indicating a higher open as of 05:00 ET. European equity markets are seeing broad gains, following mostly higher levels in Asia. The Russia/Ukraine crisis is dominating headlines. The proposed Biden-Putin summit, and Blinken-Lavrov meetings are off the table, after Biden said that an invasion is underway. Biden's sanctions on Russia are less severe than feared.
Companies mentioned: Telecom Italia (MI:TLIT), KKR, Ovintiv