Tech Stocks Surge as Market Rally Shatters Key Levels; Cathie Wood's Portfolio Reveals Late Reports with Apple and Amazon Awaited

Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures, following hefty losses for the market rally Wednesday. The Nasdaq led the retreat, undercutting key short-term levels amid a U.S. debt downgrade, Treasury yields hitting 2023 highs, and negative earnings reactions. Many growth stocks fell sharply without any direct news. Apple and Amazon are set to report earnings on Thursday night. The market pullback is letting some stocks step back bullishly or finish off handles or bases, potentially creating buying opportunities in the days ahead.