US futures move higher as tech leads the way

US stock futures moved higher on Wednesday as technology stocks continued to lead the way. The Nasdaq 100 futures rose 0.5%, while the S&P 500 futures gained 0.3% and the Dow Jones Industrial Average futures added 0.2%.

Investors are optimistic about the potential for a strong economic recovery as more states and countries continue to reopen and vaccination rates increase. Additionally, strong corporate earnings reports have also boosted sentiment.

Tech stocks have been a major driver of the market's gains in recent months, as the pandemic has accelerated the shift towards digital and remote work. Companies like Apple, Amazon, and Microsoft have seen their stock prices soar as demand for their products and services remains high.

However, concerns about rising inflation and the potential for higher interest rates continue to weigh on the market. Investors will be closely watching the Federal Reserve's upcoming meeting for any signals about the central bank's plans for monetary policy.

Overall, the market remains in a bullish trend, with investors continuing to bet on a strong economic recovery and robust corporate earnings. Tech stocks are expected to remain in focus as they continue to drive the market higher.