Outlook 12/04: Stock futures rise Wednesday as Salesforce and Marvell Technology led tech shares higher on the back of strong quarterly earnings. Salesforce climbed 12% after the company posted fiscal third-quarter revenue that beat estimates. Chipmaker Marvell also beat earnings expectations, advancing 14%. A report released on Wednesday morning from ADP revealed that private payrolls grew less than expected in November. Companies added just 146,000 on the month, while economists had estimated growth of 163,000 positions. The week’s major economic release comes in the form of the November labor report, due out on Friday morning. On the Federal Reserve front, Chair Jerome Powell will be speaking in New York in a moderated discussion Wednesday afternoon.
ESZ24 (DEC2024): YVAH 6067 YPOC 6063 YVAL 6055 GAP 6067
/ES Plan: Yesterday market closed bullish (PBT 6078), and overnight shows an excess high above previous value/range, so these're the opening and initial balance options for current session:
