Stocks ready to rebound
Futures gain ground as investors bet on more rate cuts from the Federal Reserve.
LONDON (CNNMoney.com) -- Stock futures moved higher early Tuesday after the previous session's selloff as hopes for more Federal Reserve rate cuts helped improve the mood.
At 5:06 a.m. ET, Nasdaq and S&P futures were higher, with a comparison to fair value pointing to a positive open for Wall Street.