Wall Street is preparing for a positive opening, with increases in futures contracts for S&P 500, Dow Jones, and Nasdaq, amid corporate profit.
Matei Gaginsky
Economy
Foto: Andriy Popov / Panthermedia / Profimedia
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On Thursday, Wall Street was heading towards a favorable opening, with futures contracts for the S&P 500 rising by 0.4%, while those for Dow Jones and Nasdaq recorded increases of 0.3% and 0.6% respectively. This positive trend comes amid the markets' focus on corporate profits, in the absence of economic data due to the U.S. government shutdown. J.B. Hunt Transport Services saw a significant increase of over 12% after exceeding profit expectations, attributing the success to cost-cutting measures. Additionally, Salesforce rose by about 6% in pre-market trading, due to an upward revision of its annual revenue guidance. TSMC, a major chip manufacturer, reported nearly a 40% increase in net profit, driven by demand for artificial intelligence, and its shares rose by 2% on the New York Stock Exchange.
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