Nasdaq Futures up 1 Percent as Tech Stocks Rebound

A street sign for Wall Street is seen outside of the New York Stock Exchange (NYSE) in New York City, N.Y., on June 28, 2021. Andrew Kelly/Reuters

Nasdaq futures jumped 1 percent on Wednesday as technology stocks led a rebound after concerns about inflation and rising Treasury yields drove one of Wall Street’s worst selloff of this year.

Shares of heavyweights Amazon.com Inc., Facebook Inc., Microsoft Corp., Apple, and Google-parent Alphabet Inc. rose between 1 percent and 1.3 percent in premarket trading.