What to watch today: Stocks set to continue Tuesday’s rally at the open, bond yields dip

What to watch today: Stocks set to continue Tuesday’s rally at the open, bond yields dip

BY THE NUMBERS nearly 250 points, or nearly 0.7%, on Wednesday. S&P 500 and Nasdaq futures pointed to even stronger gains at the open, one day after all three stock benchmarks mounted a solid rally. The 's second positive session in the past three was to getting out of correction territory. (CNBC) Earnings are once again the story on Wall Street, with Dow stock scheduled to come out with quarterly results after the bell Wednesday. Tech stocks, which were slammed by rising bond yields last month, shrugged off Tuesday's jump to 1.96%, a high back to November 2019. The 10-year yield Wednesday, one day before the government releases its January read on consumer inflation, which is expected to show continuing large increases. (CNBC) * (CNBC) * (CNBC) House Speaker Nancy Pelosi, D-Calif., is moving to ban stock trading on Capitol Hill, after having consistently opposed such a measure, Punchbowl News reports, . This adds unprecedented momentum to an issue that also has  on the Senate side. IN THE NEWS TODAY (PTON) gave up earlier premarket gains and turned lower after soaring more than 25% as the connected fitness company announced a new CEO and job cuts. The embattled stock