Dow futures jump almost 500 points

US stock futures jumped Tuesday as global markets rallied, indicating a comeback from

last week's devastating sell-off as investors' morale improved slightly.

After being closed on Monday for the Juneteenth holiday, markets in the United States are ready to begin the week on a more upbeat tone. 

Dow Jones Industrial Average futures were up 491 points, or 1.64 percent, while S&P 500 futures were up 1.81 percent. 

The tech-heavy Nasdaq 100 gained 1.84 percent.

Stocks fell last week as investors worried that interest rate rises might trigger a recession.

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