March 5 Premarket Briefing: 10 Things You Should Know

Updated from 6:55 a.m. EST.

Here are 10 things you should know for Wednesday, March 5:   

1.-- U.S. stock futures were suggesting Wall Street would open flat to lower on Wednesday ahead of a report on private-sector job growth and as investors remain wary about the tensions in Ukraine.

European stocks were lower in early trading. Asian shares finished the session mixed. Tokyo's Nikkei 225 rose 1.2%. 

2.-- The economic calendar in the U.S. on Wednesday includes the ADP Employment Change index for February at 8:15 a.m. EST, the ISM Services index for February at 10 a.m., and the Federal Reserve's "Beige Book" at 2 p.m.

3.-- U.S. stocks on Tuesday rebounded, with the S&P 500 closing at a new record high as investors cheered subsiding tensions in Ukraine.

The  Dow Jones Industrial Average closed 1.41% higher at 16,395.76, while the S&P 500 jumped 1.53% to a record 1,873.89. The  Nasdaq gained 1.75% to 4,351.97.

4.-- The U.S. and Russia held talks on easing East-West tension over Ukraine on Wednesday. The foreign ministers of the U.S., U.K. and Ukraine met Wednesday to discuss the crisis in Ukraine's Crimea region, but Russia's top diplomat refused to attend, according to U.S. and British officials, The Wall Street Journal reported.

The absence of Russian Foreign Minister Sergei Lavrov underscored the deepening rift between Moscow and the West following the Kremlin's moves this past week to deploy thousands of Russian troops in Ukraine, the Journal noted.

5.-- Comcast (CMCSA) has started an initiative in which it will turn hundreds of thousands of Chicago-area homes into virtual coffee shops, using existing Comcast equipment to build out its publicly accessible wireless network, The Chicago Tribune reported. 

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