Market breadth strong as indexes edge towards bull market, Shopify leads the way.

Dow Jones futures, along with S&P 500 futures and Nasdaq futures, tilted higher on Wednesday morning. The stock market rally showed strong market breadth even as the major indexes traded in a tight range. Two big Cathie Wood holdings, Shopify and Coinbase Global, went in opposite directions on Tuesday. Meanwhile, the SEC charged Coinbase with being an unlicensed broker and violating other securities rules. The market rally has been led by a smaller number of tech titans and AI plays, but homebuilders, building products, medical products, and travel names are showing some strength.