U.S. equity-index futures gained as jobless claims fell and earnings from 21st Century Fox Inc. and CenturyLink Inc. beat estimates. Bonds rose as the European Central Bank kept interest rates on hold, while Australia’s dollar led a decline in higher-yielding currencies.
Russia slapped import bans on an array of food goods from the U.S. and Europe and threatened to target the automotive, shipping and aerospace industries, striking back at sanctions over the conflict in Ukraine.
On Monday, the European Union added 13 people to its list of sanctioned individuals. However, these two Crimean energy companies were expropriated from Ukraine by Russia, and at least one had signed exploration deals with Italy's Eni SpA and Electricite de France.
U.S. and EU officials expressed readiness to deepen sanctions against Russia, which they say has massed 40,000 troops on Ukraine’s border and is fomenting unrest after its annexation of Crimea last month.