U.S. stock futures fell slightly Tuesday night after posting gains during the session, amid signs that tensions are decreasing between Russia and Ukraine.

Futures contracts linked to the Dow Jones Industrial Average lost 39 points. S&P 500 futures were down 0.16%, while Nasdaq 100 futures dipped 0.2%.

Snapping of a major average during trading was the best way to see it. three-day losing streak. Dow Jones gained 422 points or 1.2%. The S&P added 1.58%, while the Nasdaq Composite rose 2.5%.

Joe Biden, President addressedLatest developments in Ukraine and Russia Tuesday afternoon. The U.S. reiterates its commitment to NATO territories.

He stated that Russia must stop its activities and warned that Washington’s allies would impose strong sanctions to “undermine Russia’s ability to compete economically or strategically.”

These comments followed the Russian government said earlier in the daySome troops that had been at the Ukrainian border returned to their base.

This helped to boost Wall Street sentiment. The benchmark yield 10-year TreasuryAs a result, the risk-on tone was returned to market at 2%.

Technology was the top-performing S&P 500 sector, with nine out of the 11 groups registering gains on the day. The two reddest sectors, with 0.6% and 1.4% respectively, were utilities and energy stocks.

Oanda’s Ed Moya stated that “U.S. stock rallied because it didn’t appear like Russia would invade Ukraine this Week”

According to the Labor Department, Tuesday was a good day for them. wholesale pricesThe January gain was 1%, which brings the total for the last 12 months’ gains to 9.7% (unadjusted).

Wall Street looks forward to Wednesday’s minutes from Federal Reserve’s January meeting. These minutes will be published at 2 pm. ET.

Michael Cembalest is the chairman of J.P. Morgan Asset Management’s market strategy and investment strategy. “The most recent inflation data continue decimate the ‘inflation purely transitory’ theory,” he said. Markets and Fed watchers expect 6 to 7 Fed increases over the next 12 months, with some advocating for a 50-basis point increase, despite pricing in less Fed hikes than last September.

Wall Street’s Wednesday 8:30 am release of retail sales data is also scheduled. The print is expected to show that retail sales rose by 2.1% in January, according to economists. This compares with a 1.9% decline in December.

The earnings season is continuing on Wednesday with a host of companies scheduled to give quarterly updates. These include Hyatt and AMC as well Cisco Systems, Hyatt and Nvidia.