Fed chair, Salesforce earnings, GM's $5B hit: 3 Things

In This Article:

Federal Reserve Chair Jerome Powell will deliver commentary today, two weeks ahead of the central bank's last policy meeting of the year. US stock futures (ES=F, NQ=F, YM=F) are rising Wednesday morning ahead of this news, as ADP reported a gain of 146,000 private sector jobs in November.

Salesforce (CRM) shares continue to surge by over 11% in pre-market trading after its revenue topped third quarter estimates — $9.44 billion beating expectations for $9.35 billion — coming off of the cloud company's launch of Agentforce in October.

General Motors (GM) will take on two non-cash charges totaling $5 billion over its troubled China operations.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.