Futures linked to the S&P 500 and Dow Jones Industrial Average rose on Wednesday, aiming to extend the strong rally from the previous session.
Investors also examined the latest corporate earnings reports from companies like SpaceX and Advanced Micro Devices.
Dow futures increased by 178 points, or 0.3%. S&P 500 futures gained 0.4%, while Nasdaq-100 futures rose 0.2%.
Shares of SpaceX dropped 10% after the company released its first quarterly report since going public in June.
Elon Musk’s aerospace firm reported a sixfold increase in capital expenditures to $18.4 billion in the second quarter, surpassing analyst expectations, with most spending allocated to AI development.
Source (CNBC)
