According to Fox News, shelling in the contested Donbas region of Eastern Ukraine between the armed forces of Ukraine and pro-Russia separatists has resumed. The report cited how Russia is building a bridge close to the Ukrainian border and building up blood supplies, presumably as it prepares for battle. 

Market Reaction

The latest reports of shelling haven't had a market impact, but US equities continue to trade with a strongly risk-off bias amid continued concerns about escalating geopolitical tensions, with the S&P 500 trading near lows of the day just above 4400, down about 1.4% on the day.