U.S. stock futures edged higher Wednesday, with technology stocks poised to lead gains as investors cheered corporate earnings and the prospect of more fiscal stimulus.
Futures tied to the S&P 500 ticked up 0.3%, suggesting that the broader market will extend its rally. Contracts on the Dow Jones Industrial Average were up a more muted 0.1%. Tech-heavy Nasdaq-100 futures rose 0.5% after Alphabet reported strong sales growth late Tuesday.
Stock markets have rallied this week, shaking off concerns about stretched valuations, a sharp run-up in prices for a handful of stocks and silver, a weak economic backdrop and the