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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.
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This post was written by Luke Carberry Mogan.