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MARKETS LIVE BLOG:

STOCKS RISE AS DOW EYES GAIN FOR 8TH STRAIGHT SESSION

U.S. consumer sentiment tumbles in May as inflation, interest rate worries take hold

US stocks expected to rebound in the triple-digits, after Dow dropped almost 300 points

Alexandra Gibbs

U.S. stock index futures rose ahead of Wednesday's open, as markets tried to reclaim some footing after losing significant ground in the previous session. Around 7:05 a.m. ET, Dow Jones industrial average futures rose 98 points, indicating a positive open of 101.79 points. U.S. stocks sank yesterday as trade tensions intensified, causing the Dow Jones industrial average to close down almost 300 points , having erased all of its gains for the year during the session.

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