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Barchart
Barchart
Oleksandr Pylypenko

Stocks Climb Before the Open as Investors Await Key U.S. GDP Data, Meta Results Boost Sentiment

September S&P 500 futures (ESU23) are up +0.59%, and September Nasdaq 100 E-Mini futures (NQU23) are up +1.20% this morning after three major U.S. benchmark indices ended the regular session mixed as market participants digested Federal Reserve Chair Jerome Powell’s comments following the Fed’s widely expected 25 basis point rate hike, while also bracing for a flurry of U.S. economic data and more corporate earnings results.

Meta Platforms Inc (META) surged over +7% in pre-market trading after the company reported better-than-expected Q2 results and issued upbeat Q3 revenue guidance.

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