REUTERS
The Russian stock market is plunging today, as the MICEX is down 3.7% in early going. This comes after Obama introduced sanctions against a new round of Russian officials, as well as a key bang used by Putin's cronies (Bank Rossiya).
The ruble is also falling.
The other big move today is that the Shanghai Composite finally caught a strong bid, with stocks rising 2.7%.
Meanwhile, US futures are slightly higher.