Title: Stock-Index Futures Surge as Global Markets Rebound: Live Updates
S&P 500 futures are up 1.2%, Dow Jones Industrial Average futures are gaining 0.8%, and Nasdaq 100 futures are jumping 1.5%. On Monday, major indices saw significant declines, with the Dow Jones falling 1034 points, the S&P 500 declining 160 points, and the Nasdaq Composite dropping 576 points.
Global markets are showing signs of recovery, with U.S. stock futures higher following a rally in Japanese stocks. The Nikkei 225 index is up more than 10% after a steep drop on Monday. European markets are also joining the rebound, with the Euro Stoxx 50 up 0.5% after a decline the previous day.
“We’ve caught a brief respite as some falling knives finally hit the floor. A dash of soothing words from Fed officials…has begun to calm the market’s frayed nerves,” says Stephen Innes, managing partner at SPI Asset Management. However, all eyes are on Tokyo, where the effects of the recent market turbulence have been particularly pronounced.
In summary, stock-index futures are on the rise, indicating a potential recovery in global markets. Investors should remain cautious and monitor market developments closely, especially in Tokyo, as the situation continues to unfold.