By Oliver Gray
Investing.com - U.S. stock futures traded slightly lower in early APAC deals on Wednesday, following a positive close during the regular session market as technology heavyweights rebounded after a strong sell-off in the previous session
The Dow Jones Industrial Average gained 311.75 points, or 0.92%, to 34314.68, the S&P 500 rose 45.24 points or 1.05% to 4345.71 and the Nasdaq Composite rallied 178.35 points or 1.25% to 14433.83.
Futures contracts were down 0.07%, 0.06% and 0.03% respectively .
Among stocks, Facebook (NASDAQ:FB) rose 2.06% during the regular session, partially recouping losses of 5% following whistleblower claims and a lengthy outage. Other tech names also gained, as Netflix (NASDAQ:NFLX) rose 5.2%, while Apple (NASDAQ:AAPL) and Alphabet (NASDAQ:GOOGL) advanced 1.42% and 1.77%, respectively. Meantime, higher bond yields also buoyed the financial sector with JPMorgan Chase & Co (NYSE:JPM) adding 1.02%, and Bank of America Corp (NYSE:BAC) up 2.03%, while airline and retail stocks lifted amid optimism for a strong economic recovery.
On the bond markets, the United States 10-Year yields held near fresh 4-month highs of 1.527%.
Among data, the ISM Services PMI edged up to 61.9 in September of 2021 from 61.7 in August, beating forecasts of 60, indicating a robust growth in the services sector and potentially signaling that the Delta-driven growth slowdown is beginning to fade.