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#gatenewbieepisode10
🔥🚨Good morning, followers 🌞 US stock futures held steady Thursday after Wall Street posted another bullish session, riding on the almost certain expectation that the Fed will slash rates next week. Dow soared 0.86%, S&P 500 climbed 0.3%, and Nasdaq edged up 0.17% on Wednesday.
Investors were spooked by weak ADP data showing a surprising 32,000 drop in private sector jobs, making the Fed rate cut almost a done deal 🔥 Salesforce popped 2% after a surprisingly strong revenue forecast. Discount retailer Five Below rose nearly 2% following solid quarterly results. Meanwhile, Snowflake plunged over 7% after reporting losses in AI cloud services.