US stock futures are showing signs of recovery today after a turbulent day on Monday that saw the Dow Jones Industrial Average plummet over 1,000 points and the broader market experience a 3% decline.
As of now, futures are indicating a positive start to the day, with the Dow expected to open 200 points higher, representing a 0.5% increase. Similarly, S&P 500 futures are up by 0.7%, and Nasdaq futures have also risen by 0.7%.
While these gains are a welcome sight following the recent market downturn, they fall short of fully offsetting the losses incurred over the past three days, culminating in Monday's significant sell-off.
Investor sentiment remains cautious, with the Fear and Greed Index, a key measure of market sentiment, firmly entrenched in the 'Extreme Fear' territory. Additionally, the VIX volatility index has surged to its highest level in four years, reflecting the heightened uncertainty and unease among market participants.
