NewsWare’s Trade Talk: Monday, February 28

S&P Futures are falling and oil is rising as the market reacts to this weekend's sanctions announcements on Russia. Russia's central bank opted for an emergency interest-rate hike to combat a collapse in the ruble, more than doubling its benchmark rate to 20%. A Ukraine delegation is in Belarus meeting with Russian negotiations right now, any sign of an easing of hostilities would be positive for the markets. Defense contractors are surging this morning in the premarket as Germany has boosted its defense spending. After the close today, we have earnings reports from HPQ, KFY, SBAC, WDAY & ZM.