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Dow Futures Surge, Yields Rise—and What Else Is Happening in the Stock Market Today

Stock futures traded sharply higher Tuesday as investors returned from a three-day weekend feeling a bit more optimistic after last week’s steep selloff.

Contracts linked to the Dow Jones Industrial Average rose 486 points, or 1.6%, to 30,355, S&P 500 futures rose 1.8% and Nasdaq futures gained 1.9%. The yield on the 10-year Treasury rose to 3.288% from 3.238% on Friday.

Stocks…

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