us stock index futures rose on tuesday a day after entering a bear market ahead of what’s expected to be one of the biggest federal reserve interest rate hikes in decades on monday the dow jones industrial average djia fell 876 points or 279 to 30517 the sp 500 spx declined 151 points or 388 to 3750 and the nasdaq composite comp dropped 531 points or 468 to 10809 over the last four days the sp 500 has dropped 99 in what’s the worst percentage decline over that time span since march 23 2020 when the us was first confronting the coronavirus pandemic the now 22 decline from its 2022 closing high put the index into a bear market on monday related what investors need to know about the sp 500 bear market the federal reserve’s twoday interestrate setting meeting kicks off tuesday with huge question marks around how the central bank will respond to the fastest inflation in four decades there’s now growing talk the fed will hike by least 75 basis points a move that seemed remote even last week how the fed will convey future rate activity is also a big question mark haefele chief investment officer for ubs global wealth management said risks of a fedinduced recession have increased and the chances of a recession in the next six months have risen “wednesday’s fomc meeting which includes the fed’s latest economic forecasts is one of the most significant in recent history and will be critical for the outlook for financial markets volatility is likely to remain high over the coming days as investors consider the potential need to recalibrate their assumptions based on the fed’s decisions” he said the biggest corporate news came from database giant oracle orcl  which rallied 13 in premarket trade after beating earnings and revenue estimates for its fiscal fourth quarter though its firstquarter earnings guidance was below wall street estimates