Nasdaq and S&P 500 expected to bounce back after Powell sell-off

Wall Street futures were pointing slightly higher on Wednesday after sentiment was dented by Federal Reserve chief Jerome Powell the day before. Dow Jones futures were 33 points or less than 0.1% above flat, while those for the S&P 500 were up almost 0.2% and Nasdaq 100 futures close to 0.3% higher. Driving the slight improvement in mood were the ‘Mag 7’ tech giants, which were all…