U.S. stock index futures bounced back ahead of Wednesday’s open, as investors awaited the decision from the latest Federal Open Market Committee (FOMC) monetary policy meeting.
Dow Jones industrial average futures rose 214 points, with shares of Boeing contributing more than half of the gains. Boeing shares jumped 5.8 percent.
S&P 500 and Nasdaq 100 futures gained 12 points and 30.50 points, respectively.
The major indexes fell sharply in the previous two sessions, with the Dow falling more than 500 points in that time period. Rising yields have also put stocks under pressure, elevating concerns over whether higher interest rates could snuff out the bull market.