Wall Street regains footing as Ukraine braces for full-scale Russian invasion

Stocks were up Wednesday morning, recovering from jitters the day before over Western sanctions on Russia in response to President Vladimir Putin's authorization to send soldiers into eastern Ukraine.

The S&P 500 rose 0.8% as of 9:45 Eastern Time, rebounding from its brief fall into correction territory. The Dow Jones Industrial Average was up 0.7%. The tech-heavy Nasdaq was up 1%.

Oil prices dipped slightly following increases stoked by unease about possible disruption to Russian supplies.