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The Breakfast Briefing: Dow Set For Triple-Digit Rebound After Tech-Heavy Sell-Off
FYI: U.S. stock futures traded higher on Tuesday following a sharp downturn in the previous session.
As of around 4:00 a.m. CT, Dow Jones Industrial Average futures rose 70 points, indicating a higher open of 112 points, while S&P 500 and Nasdaq futures were also in positive territory.
Global stocks recouped some of their steep early-week falls Tuesday, after tech-sector jitters and sliding oil prices contributed to heavy selling in Asia.
European stocks rallied in the opening minutes of trading, with the Stoxx Europe 600 trading 0.5% higher. European technology stocks were up 0.5%, after the sector drove sharp falls in the U.S. on Monday and in early Asian trading Tuesday. Regards, Ted