(Editor’s note: The future prices of benchmark tracking ETFs and the headline, were updated in the story.)
U.S. stock futures rose on Wednesday, after a mixed close on Tuesday as the Nasdaq advanced, led by tech stocks, while the Dow Jones index ended lower.
During Tuesday’s trading, Micron Technology Inc. (NASDAQ:MU) surged to surpass a $1 trillion market capitalization for the first time, anchoring a major technology sector rally during the regular session. Conversely, Zscaler Inc. (NASDAQ:ZS) tumbled after issuing a current-quarter revenue forecast that fell short of Wall Street’s expectations. –
Meanwhile, the 10-year Treasury bond yielded 4.46%, and the two-year bond was at 4.02%. The CME Group’s FedWatch tool‘s projections show markets pricing a 99.9% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.
| Index | Performance (+/-) |
| Dow Jones | 0.39% |
| S&P 500 | 0.28% |
| Nasdaq 100 | 0.42% |
| Russell 2000 | 0.67% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Wednesday. The SPY was up 0.35% at $753.18, while the QQQ was higher by 0.88% to $736.70.
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