Nasdaq futures indicated an upward trajectory on Wednesday, following a day in which major indexes returned to their positive momentum, driven primarily by technology and cryptocurrency-related equities. Futures linked to the benchmark S&P 500, the blue-chip Dow Jones Industrial Average, and the tech-heavy Nasdaq increased by 0.3%, 0.3%, and 0.2%, respectively. Yesterday, the three principal stock indexes experienced an increase for the sixth time in seven sessions. Bitcoin was trading near 93,000, up from its overnight low of around 91,000. Yesterday, the largest cryptocurrency experienced a rebound from below $85,500, following its most significant decline since March on Monday.

Crypto-tied stocks such as MSTR, MARA, Coinbase Global, and Robinhood Markets experienced increases ranging from approximately 1.5% to 3% in premarket trading. The Magnificent Seven large-cap technology stocks exhibited a mixed performance, remaining largely unchanged. Shares of Nvidia, recognized as the world’s most valuable company, indicated an increase of nearly 1% following gains observed in the initial two days of this week. Yesterday, the other six stocks in the group all experienced gains, with the exception of Tesla, which concluded the day down by a mere 0.2%. The shares of the electric vehicle manufacturer experienced a modest increase early Wednesday.

Shares of Boeing and Intel, which were the top gainers in the S&P 500 yesterday with roughly 10% and 9% surges, were slightly higher and down nearly 1%, respectively, before the bell. In the aftermath of earnings announcements, American Eagle Outfitters experienced a notable increase of 12%, Marvell Technology saw a rise of 9%, while GitLab faced a decline of 9%, and CrowdStrike recorded a slight decrease of approximately 1%. Salesforce stock experienced a 1% increase in anticipation of its results following the market’s close.

The yield on the 10-year Treasury note decreased to 4.06% from 4.09% at the close on Tuesday. The U.S. dollar index, which monitors the dollar’s performance relative to a selection of foreign currencies, declined by 0.4% to 98.94. WTI crude futures, the U.S. oil benchmark, increased by 1.3% to $59.40 per barrel, while gold futures experienced a 0.5% rise, reaching $4,245 per ounce.