US Futures Point to Higher Open
United States Stock Market
US stock futures rose on Thursday, with S&P 500 and Nasdaq-100 futures up about 0.4%, and Dow Jones futures gaining over 250 points. Revised data showed the US economy grew 3% in Q2, faster than initially thought, easing recession fears from earlier this month. Weekly jobless claims also edged down slightly. Salesforce shares climbed over 4% in premarket trading after beating fiscal second-quarter estimates and raising its full-year profit outlook.
Gotta luv that "revised" data. So annualised, 12% GDP? More than double China's GDP?
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