U.S. stock futures were higher on Wednesday, pointing to a rebound from a sharp sell-off in the previous session.

Dow futures climbed 169 points, or 0.7%. Futures for the S&P 500 jumped 0.7%. Nasdaq-100 futures climbed 0.8%.

Big technology stocks were higher in premarket trading Wednesday as investors continued to bet their revenue would be relatively resilient through the pandemic. Shares of Microsoft, Facebook, Alphabet and Apple were higher in premarket trading.

Traders will be looking for clarity on future Federal Reserve actions when Fed Chairman Jerome Powell speaks on current economic issues at 9:00 a.m. ET.

Source : CNBC