These 2 Nasdaq SaaS Stocks Are Alive and Well

The stock market posted strong gains on Wednesday after Federal Reserve chair Jerome Powell made comments about monetary policy that spurred excitement among investors. With the possibility of interest rate increases slowing in the near future, the Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped out to a gain of more than 4%. On Thursday morning, Nasdaq futures held their own, suggesting the index would hang on to its gains from the previous day.