Stock futures remained stable on Wednesday after the blue-chip average secured its longest winning streak since December. Futures linked to the Dow Jones Industrial Average saw a modest increase of 15 points, while S&P 500 futures and Nasdaq 100 futures showed minimal movement.
Lyft and Wynn Resorts experienced gains of 5% and 2% respectively following their better-than-anticipated quarterly results. Additionally, Reddit witnessed a premarket surge of over 14% after releasing its initial earnings report as a publicly traded company.
These developments came in the wake of a subdued and mixed day on Wall Street, with the Dow registering a nearly 0.1% increase, marking its fifth consecutive positive session since December. The S&P 500 also saw a slight uptick of about 0.1%, while the Nasdaq Composite dipped by 0.1%.
Source (CNBC)
