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U.S. stock futures suggested the market would continue to move higher on Wednesday, following a big rally in the previous session that was fueled by a growing belief the worst may be over for the world’s largest economy.
Dow Jones Industrial Average rose 188 points, or 0.7%. S&P 500 futures were up 0.6% while Nasdaq-100 futures traded 0.5% higher. The indicated gains would lead the major averages to a four-day winning streak.
Amazon and Apple each rose 0.9% in the premarket while Netflix climbed 0.7%. IBM and 3M were both up more than 1% and were among the best-performing Dow components in early trading.