U.S. stock index futures fell on Sunday evening as a rebound on Wall Street, from correction territory, appeared to have stalled in the face of uncertainty over trade tariffs and the economy.

Investors were also on guard before more economic cues from a Federal Reserve meeting this week, with the central bank widely expected to keep rates unchanged. 

Futures fell after a positive Friday session on Wall Street, where a measure of bargain buying helped indexes rebound from near six-month lows. Sunday’s losses suggested that this rebound was fleeting and unlikely to carry over into this week.

Comments from Treasury Secretary Scott Bessent- who downplayed recent losses in equity markets- also did little to lift spirits. 

S&P 500 Futures fell 0.6% to 5,655.75 points, while Nasdaq 100 Futures fell 0.8% to 19,765.25 points by 19:06 ET (23:06 GMT). Dow Jones Futures fell 0.5% to 41,635.0 points. 

Fed meeting, econ data on tap this week

The Fed is widely expected to keep interest rates unchanged at the conclusion of a meeting later this week, amid continued uncertainty over the economy under President Donald Trump.

Trump’s flip-flopping on trade tariffs against major trading partners, coupled with his continued threats of more tariffs, were a key point of uncertainty for markets in recent months. 

Uncertainty over the economy also contributed to growing fears of a recession, with the Fed likely to comment on this trend. 

Recent data showed inflation remained resilient, while retail sentiment and the labor market cooled. The latter could give the Fed some impetus to soften its hawkish stance on rates.