Stock futures opened little changed on Wednesday.
U.S. stock futures were mostly flat on Wednesday evening following a strong session for tech stocks. Futures contracts tied to the Dow Jones Industrial Average rose 30 points, or 0.1%, and those for the S&P 500 saw a similar gain. Futures for the Nasdaq 100 were flat. The move in futures after the market bucked its recent trend on Wednesday, with the tech-heavy Nasdaq Composite leading while cyclicals and small caps lagged. The Dow slipped 23 points after adding nearly 1,100 in the two previous sessions. The rally earlier in the week for stocks dependent on an economic recovery was sparked by an announcement from Pfizer and BioNTech that the companies’ Covid-19 vaccine candidate appeared to be more than 90% effective in its phase three trial.
