U.S. stock futures rose on Wednesday, with S&P 500 futures up 0.4% and Nasdaq futures gaining 0.6%, as tech shares rallied after a softer-than-expected antitrust ruling on Google. Alphabet shares climbed after the company avoided a forced breakup of Chrome, while Apple also benefited as Google can continue paying billions to remain Safari’s default search engine.
On Tuesday, concerns over U.S. fiscal stability and ongoing tariff disputes weighed on sentiment.
Attention now turns to the Federal Reserve’s Beige Book, set to provide fresh insights ahead of the September policy meeting. Investors are also watching upcoming labor market data and corporate earnings from Salesforce, Dollar Tree, HP, and Macy’s later this week.
In commodities, gold briefly hit a record high of $3,547 per ounce before easing slightly as a stronger dollar capped gains.
