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Market Snapshot: U.S. stocks set to rebound after oil-fueled selloff

Wall Street was set to recover slightly Wednesday from the prior session’s brutal selloff, with a rally in oil prices helping to send U.S. stock futures higher.

Futures for the Dow Jones Industrial Average YMZ6, +0.07% rose 36 points, or 0.2%, to 18,045, while those for the S&P 500 index ESZ6, +0.08% climbed 5.55 points, or 0.3%, to 2,127.75. Futures for the Nasdaq-100 index NQZ6, +0.16% gained 14.50 points, or 0.3%, to 4,738.50.

All three benchmarks on Tuesday suffered big losses as a sharp slump in energy prices and uncertainty about the Federal Reserve’s plans for monetary policy spooked investors out of equities.

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