traders work on the floor of the new york stock exchange nyse in new york city march 21 2022 us stock futures were little changed on thursday evening after a bounceback session on wall street futures tied to the dow jones industrial average ticked up 27 points or about 01 the sp 500 futures and nasdaq 100 futures were flat the move comes after a solid session for stocks on wednesday in which the sp rose 14 the nasdaq composite gained 19 and the dow added 349 points those gains largely erased losses from tuesday with one trading session left in the week the sp 500 and nasdaq are up 13 and 21 respectively both are on track for their secondstraight winning week the dow is down 01 week to date the sp 500 is now up more than 8 from its recent lows earlier this month the rebound has come despite no concrete signs of progress in the war in ukraine and the fact that the federal reserve indicated last week that it expects several more rate hikes this year making some wall street professionals skeptical of the rally i think this is a market that has moved very far very fast on this assumption that the fed knows exactly what theyre doing and that theyre going to land the plan with perfection lisa shalett chief investment officer at morgan stanley wealth management said on closing bell overtime and i just dont think that risk premiums are sufficient