Major US Stock Futures See Significant Rise

In a surprising turn of events, major US stock futures experienced a notable increase on Tuesday. The Dow Jones led the charge, jumping over 300 points, a stark contrast to the previous day's market declines.

Market Rebounds Despite Earlier Concerns

The rebound comes after a day filled with anxiety over rumors that US President Donald Trump might consider firing Fed Chair Jerome Powell. Such fears had initially caused a downturn in the market, making today's surge all the more significant.

Details of the Surge

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