Traders Try to Build on Monday Gains

Stock futures surged Tuesday as Wall Street aimed to build on a sharp rally seen in the previous session.

Futures the 30-stock index soared 381 points, or 1.3%, to 29,919.

Futures for the S&P 500 jumped 57 points, or 1.5%, to 3,747.25.

Futures for the NASDAQ Composite vaulted 213.25 points, or 1.9%, to 11,499.

Monday brought a respite from slides seen throughout September and the prior quarter. The Dow jumped nearly 2.7%, or about 765 points. It was its best day since June 24.

The S&P 500 advanced about 2.6% in its best day since July 27. The Nasdaq Composite increased roughly 2.3%.

Shares of Credit Suisse rose 4% in Tuesday pre-market trading after falling as much as 10% the prior day.

The stock tumbled on Monday, before rebounding to close down nearly flat, after a Financial Times report said Credit Suisse executives are reassuring major investors on the financial health of the Swiss bank. Shares are down roughly 60% this year.

Investors will watch for new data Tuesday from the Job Openings and Labor Turnover Survey administered by the Bureau of Labor Statistics.

In Japan, the Nikkei 225 rocketed 3%, while in Hong Kong, the Hang Seng was closed for holiday.

Oil prices took on $1.15 to $84.78 U.S. a barrel.

Gold prices advanced $14.90 to $1,716.90 U.S. an ounce.