Dow, S&P futures inch up ahead of economic data; Salesforce climbs
People pass by the Salesforce Tower and Salesforce.com offices in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid
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- Futures: Dow rises 0.30%, S&P up 0.06%, Nasdaq down 0.12%
June 1 (Reuters) – Futures tracking the Dow and the S&P 500 edged higher on Wednesday after Salesforce posted robust quarterly results, while investors awaited factory activity data for cues on the strength of the U.S. economy.
Shares of Salesforce (CRM.N) jumped 8.6% in premarket trading after the enterprise software firm raised its full-year adjusted profit outlook and said it did not see any material impact from the uncertain broader economic environment. read more
The ADP report, due on Thursday, is expected to show U.S. private payrolls rose by 300,000 jobs last month, after rising by 247,000 in April. Construction spending data and ISM manufacturing purchasing managers’ index reading for…
