Investors are expecting Powell to endorse gradual interest rate increases as inflation indices struggle to reach the Fed's 2% target. In premarket trade, futures were indicating a strong open with inflationary fears waning in concert with the weaker dollar and lower bond yields. (+) NXTD (+27.06%) Subsidiary FitPay and Discover Financial will extend payments to IoT devices (+) HRG (+6.10%) To merge with Spectrum Brands ( SPB ) for $10 billion