Market Rebounds Strongly

In a striking turnaround, major US stock futures climbed on Tuesday, with the Dow Jones Industrial Average leaping by more than 300 points. This surge comes after a day of significant market declines, driven by widespread concerns over potential political interference in the Federal Reserve.

Details of the Surge

By 4:35 am ET, Dow Jones futures had advanced by 0.82%, or 316 points. Similarly, the Nasdaq 100 and the S&P 500 saw increases of 0.91% and 0.86%, respectively, signaling a broad-based recovery across key indices.

Currency Markets Hold Steady

Meanwhile, in the currency markets, the Euro remained stable against the US dollar, trading at $1.15053, just a minute after the stock futures report.