Stock futures rose after Wall Street suffered its first decline in three sessions

Stock futures rose after ending the day lower on Tuesday morning, snapping a two-day advance that began when a better-than-expected inflation report stoked hopes the Federal Reserve will soon raise interest rates.

Futures for the Dow Jones industrial average rose 117 points, or 0.35%. S&P 500 futures and Nasdaq-100 futures gained 0.46% and 0.71%, respectively. Taiwan Semiconductor, Louisiana-Pacific And Paramount Jumped after regulatory filings showed Warren Buffett’s Berkshire Hathaway It bought new positions in the first two and raised its stake in the latter.

Michael Burry, Bill Ackman, David Tepper and others also looked at investor filings to see which major investors bought or sold in the third quarter.

Stocks tumbled during the day on Monday after comments from Federal Reserve Chairs Lael Brainard and Chris Waller about rate hikes going forward. While Brainard said the Fed could ease rate hikes, Waller said the market was over-optimistic and should prepare for higher rates.

“After last week’s CPI undershoot sparked a big equity rally and reversal in the dollar, the key topic for markets this week will be the Fed’s reaction,” wrote Hu Roberts, head of analysis at QuantInsight, in a note on Monday.

He added that the extent to which speakers push back or acknowledge the market’s latest moves this week “will be critical.”

Shares fell on reports that Amazon will lay off about 10,000 employees starting this week.

Markets will get more inflation data when the producer price index, a measure of headline inflation, is released on Tuesday. Investors will also read comments from Philadelphia Fed President Patrick Harger, Fed Governor Lisa Cook and Fed Vice President for Supervision Michael Barr.

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Earnings season continues this week with retail reports on deck. Walmart and Home Depot report results Wednesday, while Target, Lowe’s, Bath and Body Works, Macy’s, Kohl’s and Food Locker report later in the week.

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