Within the Nasdaq -100 index, Advanced Micro Devices AMD and Palo Alto Networks PANW were among the best performers at the market open. AMD stock rallied 4.8%, hitting a new 52-week high. Palo Alto shares rose 1.8%, on pace to add to Tuesday's 4.3% advance.

Stocks are poised to open higher on Wednesday as the market looks to extend a rally that has pushed major indexes back to record-high levels.