financetom
World
financetom
/
World
/
Tech Shares Lift Wall Street Pre-Bell; Asia, Europe Up
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Tech Shares Lift Wall Street Pre-Bell; Asia, Europe Up
Jun 4, 2025 4:39 AM

07:23 AM EDT, 06/04/2025 (MT Newswires) -- Wall Street futures pointed modestly higher pre-bell Wednesday after Constellation Energy (CEG) and Meta Platforms (META) signed a 20-year deal through which the output from the Clinton Clean Energy Center in Illinois will be used to support Meta's operations in the region with 1,121 megawatts of nuclear energy.

In addition, Taiwan Semiconductor Manufacturing Co. (TSM) overnight forecast robust revenue growth amid AI chip demand.

In the futures, the S&P 500 rose 0.2%, the Nasdaq edged 0.1% higher and the Dow Jones was up 0.1%.

Asian exchanges traded higher overnight on tech-sector strength, while European bourses tracked moderately north midday on the continent.

Dollar Tree (DLTR) shares were down 2.3% pre-bell after the company offered tempered fiscal Q2 guidance.

On the economic calendar is the ADP Employment Report for May at 8:15 am ET, followed by the S&P Global US Composite PMI at 9:45 am.

The ISM Services Index posts at 10 am, followed by the weekly EIA petroleum status report at 10:30 am.

The Federal Reserve's Beige Book, a compendium of business and economics reports from the 12 regional Fed branches, posts at 2 pm.

Atlanta Fed President Raphael Bostic is slated to speak on Wednesday.

In premarket activity, Bitcoin traded at $105,810, West Texas Intermediate crude oil traded higher at $63.44, and 10-year US Treasuries offered 4.54%. Spot gold traded for $3,358 an ounce.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
MORNING BID ASIA-Central bank fever builds, saps risk appetite
MORNING BID ASIA-Central bank fever builds, saps risk appetite
Dec 17, 2024
Dec 18 (Reuters) - A look at the day ahead in Asian markets. Investors in Asia on Wednesday enter a crucial 24-hour period in a cautious mood, with stocks in the red and risk appetite subdued ahead of the Fed's interest rate decision later in the day and the Bank of Japan's closer call the following day. Before these two...
EMERGING MARKETS-Latam FX mixed, Brazil's real rebounds from all-time lows
EMERGING MARKETS-Latam FX mixed, Brazil's real rebounds from all-time lows
Dec 17, 2024
* Rate decisions in Chile, Mexico and Colombia this week * U.S. Fed rate decision on Wednesday * Both Latam FX and stocks down 0.3% each (Updates with afternoon trading) By Pranav Kashyap and Shashwat Chauhan Dec 17 (Reuters) - The Brazilian real reversed course after hitting all-time lows on Tuesday, while most Latin American currencies were mixed ahead of...
Morning Bid: Central bank fever builds, saps risk appetite
Morning Bid: Central bank fever builds, saps risk appetite
Dec 17, 2024
(Reuters) - A look at the day ahead in Asian markets.  Investors in Asia on Wednesday enter a crucial 24-hour period in a cautious mood, with stocks in the red and risk appetite subdued ahead of the Fed's interest rate decision later in the day and the Bank of Japan's closer call the following day. Before these two blockbuster calls,...
CANADA STOCKS-TSX hits 4-week low on lower oil prices, political unrest
CANADA STOCKS-TSX hits 4-week low on lower oil prices, political unrest
Dec 17, 2024
* TSX ends down 0.1%, at 25,119.71 * Energy falls 0.7%; oil settles 0.9% lower * Air Canada shares tumble 9.4% * Annual inflation rate slows to 1.9% (Updates at market close) By Fergal Smith Dec 17 (Reuters) - Canada's main stock index ended lower for a fourth straight day on Tuesday as lower commodity prices weighed on resource shares...
Copyright 2023-2026 - www.financetom.com All Rights Reserved