Stock futures traded higher on Wednesday morning after Wall Street ended its three-day losing streak.

Futures for the Dow Jones Industrial Average rose more than 300 points, or 0.83%, while futures for the Nasdaq Composite and S&P 500 rose 1.46% and 1.23%, respectively.

Major indexes rebounded on Tuesday — giving up some gains by the close — a day after recession fears in the U.S. sparked a global sell-off. The Dow closed 293.66 points, or 0.76 percent, higher, while the Nasdaq Composite and S&P 500 closed up 1.03 percent and 1.04 percent, respectively.

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Tuesday’s gains followed a trading session that marked Wall Street’s worst day since 2022. The Dow had lost more than 1,000 points by Monday’s close, part of a wave of selling sparked by weak U.S. jobs data and concerns about a slowdown in the world’s largest economy.

“While Friday’s jobs report was disappointing, it wasn’t the only worrying economic indicator, just the most recent,” said Greg McBride, chief financial analyst at Bankrate. “Combine economic worries with the cacophony of disappointing earnings and weak corporate outlooks, global unrest and currency fluctuations, and you have a recipe for sudden volatility.”

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