Dow Jones Futures Await Fed Chief Powell; Market Rally Resists Pullback As Tesla, Nvidia Run

News Snapshot:

Dow Jones futures tilted lower early Wednesday, along with S&P 500 futures and Nasdaq futures. FedEx (FDX) reported late Tuesday, with Fed chief Jerome Powell set to testify before Congress today. X The stock market rally saw losses for a second straight session. The Nasdaq and even the S&P 500 had been getting extended, so a pullback wasn't a surprise and may even be welcome. The major indexes gave up ground grudgingly, especially the Nasdaq, with Tesla (TSLA) and Nvidia (NVDA) continuing to move higher. Market breadth was weak Tuesday, but has been improving. Meritage Homes (MTH) reclaimed a buy...