Dow Futures Rise After Major Indices Try to Rebound By

© Reuters.

by Oliver Gray – US Stock Futures It rose slightly late on Monday after the main index rose from a nine-week low to close higher during regular trading as market participants prepared for the “extremely low” price. from the US Federal Reserve within this week

By 7:10 PM ET (11:10 PM GMT), it was up 0.1% while and 0.2% to the index.

In additional trading, Ford Motor Company (NYSE:) lost 4.4% after the company noted that third-quarter costs from suppliers would be about $1.0 billion higher than expected due to rising inflationary pressures. General Motors (NYSE:) shares also fell 2% following the news release.

Cognex Corporation (NASDAQ:) shares profited 5.7% after the company raised its third-quarter earnings guidance, expecting revenue to be between $195 million and $205 million, up from the company’s previous guidance of $160 million. $180 million

In policy news, the FOMC began its two-day meeting on Tuesday. Analysts are expecting a gain of 75 basis points due to a higher-than-expected CPI last week. At the same time, reports and data will be closely watched as well.

During Monday’s trading rose 197 points or 0.6% to 31,019.7 points, 26.6 points or 0.7% to 3,899.9, and 86.6 points or 0.8% to 11,535.

in the bond market The bond yield was 3.494%.