U.S. markets pointed toward a sharply lower open, following a global plunge and a surge in oil prices Thursday after Russian President Vladimir Putin launched military action in Ukraine
Russia is extending military drills near Ukraine's northern borders after two days of sustained shelling along the contact line between Ukrainian soldiers and Russia-backed separatists in eastern Ukraine.
Ursula Von Der Leyen, President of the European Commission, says Russia would have its access to financial markets and high-tech goods limited if it attacks Ukraine.