Stock futures are higher as Wall Street looks to bounce back from losing week

(CNBC) Stock futures were higher in early morning trading Monday after a losing week as investors continued to bet that the Federal Reserve will tighten monetary policy aggressively to combat surging inflation. Futures on the Dow Jones Industrial Average gained 132 points, or 0.4%. S&P 500 futures and Nasdaq 100 futures rose 0.57% and 0.77%, respectively.

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