Dow Futures Rise, Wall Street Looks to the Fed — and What Else Is Happening in the Stock Market Today

Stock futures traded modestly higher Monday as investors tried to shake off April’s broad selloff ahead of an expected aggressive move by the Federal Reserve to tame inflation.

Contracts linked to the Dow Jones Industrial Average rose 150 points, or 0.5%, to 33,030, S&P 500 futures were up 0.5% and Nasdaq futures gained 0.7%. 

Wall Street…