Market Rebounds Strongly

In a surprising turn of events, major US stock futures experienced a significant rise on Tuesday. The Dow Jones Industrial Average leaped by over 300 points, marking a notable recovery from the previous day's declines.

Behind the Surge

This upward movement comes after a period of market instability, driven by widespread concerns over US President Donald Trump's alleged considerations to dismiss Fed Chair Jerome Powell. Such fears had previously led to a downturn in the markets.

Futures and Forex Updates

At precisely 4:35 am ET, Dow Jones futures were up by 0.82%, or 316 points. Similarly, the Nasdaq 100 and the S&P 500 saw increases of 0.91% and 0.86%, respectively. Meanwhile, in the currency markets, the Euro remained steady against the US dollar, trading at $1.15053.