By Oliver Gray
Investing.com - U.S. stock futures remained little changed in early APAC trade on Wednesday after two of the major benchmark indices closed at record highs in the previous session amid a broad-based rally as investors cheered news of the Food and Drug Administration’s approval of Pfizer 's (NYSE:PFE) Covid-19 vaccine.
During the regular session the Dow Jones Industrial Average added 30.55 points or 0.09% to 35366.27, while the S&P 500 added 6.68 points or 0.15% to close at a fresh record of 4486.22. The NASDAQ Composite also closed at record highs, lifting 77.15 points or 0.52% to 15019.80.
Among stocks, Chinese companies led the gains on the Nasdaq, with Pinduoduo (NASDAQ:PDD) surging 22.25% and Baidu Inc (NASDAQ:BIDU) gaining 8.63% after reports that PBoC officials vowed to boost credit support for the economy. Meantime, Toll Brothers Inc (NYSE:TOL)’ shares lifted 1.82% after hours, after reporting earnings results, while Nordstrom Inc (NYSE:JWN) dipped 8.04% in extended trade despite reporting better than expected top- and bottom-line estimates in Q2.
On the bond markets, 10-year U.S. Treasury yields lifted to near 2-week highs of 1.299%.