U.S. stock futures surge as investors look for market momentum following recent sell-offs; global stocks gain after yesterday's rout; shares of health insurance providers jump after the federal government announces larger-than-expected Medicare payments; Levi Strauss (LEVI) stock is soaring in premarket trading after its quarterly earnings come in better than expected; and chipmaker stocks are rebounding as investors digest tariff impacts. Here's what investors need to know today.

1. US Stock Futures Jump as Investors Eye Rebound From Tariffs Turmoil

U.S. stock futures are surging as investors look to rebound from volatile trading over President Donald Trump's tariffs. Dow Jones Industrial Average futures are 2.5% higher after the blue-chip index shedding 0.9% in the prior session. S&P 500 futures are up by 2% after the index declined 0.2% yesterday, while Nasdaq futures are up 1.8% after the tech-heavy index eked out a slight gain Monday. Yields on the 10-year Treasury note are slightly lower, bitcoin (BTCUSD) is little changed at around $79,000, and gold and oil futures are moving higher.

2. Global Stocks Gain as Japan Eyes Negotiations, China Promises to Fight

Global stocks are rebounding Tuesday as some investors took advantage of recent massive losses, even as China threatened to hit back further if President Trump hikes U.S. import tariffs by an additional 50%. The Stoxx Europe 600 index is up about 1.8%, though still down more than 10% in the past week. The Nikkei closed up 6% after Treasury Secretary Scott Bessent told Fox Business that he expected Japan to get priority in trade talks "just because they came forward very quickly." Hong Kong's Hang Seng, where the biggest Chinese companies are listed, rose 1.5% as China said it would "fight to the end" if Trump increases his tariffs again.

3. Health Insurance Provider Stocks Jump on Medicare Payment Levels

Health insurance provider stocks are gaining in premarket trading after the federal government said it would pay Medicare insurers more next year than previously expected. The Centers for Medicare & Medicaid Services (CMS) said payments for 2026 Medicare Advantage health plans run by private insurers will increase by 5.06% on average, more than the 2.83% the government said it anticipated in January. Humana (HUM) shares are soaring 14%, while those of CVS Health (CVS) are jumping almost 9% and Elevance Health (ELV) and UnitedHealth Group (UNH) are up about 7%.

4. Levi Strauss Stock Jumps as Firm Says Any Price Changes Would Be 'Surgical'

Shares of Levi Strauss (LEVI) are surging 11% in premarket trading after the jeans maker reported better-than-expected first-quarter profit and its CEO said that the company has a task force to evaluate tariffs. Levi's reported quarterly adjusted earnings per share (EPS) of $0.38, above the $0.28 consensus from analysts surveyed by Visible Alpha, while the company's revenue of $1.53 billion was essentially in line with estimates. CEO Michelle Gass said a company task force was evaluating tariffs proposals but that any price changes would be "surgical," according to a transcript of the earnings call provided by AlphaSense.

5. Chipmaker Stocks Gain After Tariff-Fueled Declines

Several chipmaker stocks are gaining in premarket trading as artificial intelligence-related shares look to recover from a tariff-fueled sell-off. Nvidia (NVDA) shares are nearly 4% higher after gaining 3.5% Monday. Broadcom (AVGO) shares are up 6%, Micron Technology (MU) stock and U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. (TSM) are roughly 3% higher, and Intel (INTC) shares are gaining 2% in early trading.