Following a fourth straight strong day for the broad market index, S&P 500 futures were unchanged Wednesday night. After hours, traders also processed Salesforce’s positive earnings report.
Futures for the Nasdaq 100 and S&P 500 oscillated close to the horizontal line. Futures for the Dow Jones Industrial Average increased by 73 points or 0.23%.
After the software business disclosed fiscal second-quarter statistics and third-quarter guidance on Wednesday that surpassed analysts’ expectations, Salesforce rose more than 5% in extended trade. These increases supported the Dow futures.
Investors have just experienced a successful session for the main averages on Wednesday, with the S&P 500 finishing the day up 0.38%. 37.57 points, or 0.11%, were added to the Dow Jones Industrial Average. The tech-heavy Nasdaq Composite increased by 0.54%. The three major averages had their fourth consecutive winning day on that day.
These increases assisted in cutting the monthly losses of the major indices. The Nasdaq is down more than 2% in August compared to the S&P 500’s 1% decline and the Dow’s 1% decline.
Source (CNBC)
