FX.co ★ US Futures Flat After Tech-Driven Rally

US stock futures were little changed on Wednesday after major indexes advanced in the previous session, supported by strength in technology shares and easing inflation concerns. On Tuesday, the tech-heavy Nasdaq Composite climbed 1.52%, while the S&P 500 gained 0.79% and the Dow Jones Industrial Average added 0.26%. Chipmakers and AI-related names led the rally, with Nvidia up 2.6%, AMD 7.7%, Intel 6%, Sandisk 10.9% and Marvell Technology 7.3%. The three main indexes also ended the quarter on solid ground: the S&P 500 rose more than 14%, the Nasdaq surged about 20% and the Dow advanced over 12%. Investors are now focused on Fed Chair Kevin Warsh’s appearance at the ECB Forum in Sintra, Portugal, seeking further signals on the path of monetary policy.