Higher U.S. futures and fairly encouraging earnings updates from top companies point to a positive start for U.S. stocks on Wednesday.
The Dow futures are up 0.7%, while the S&P and Nasdaq futures are higher by 0.48% and 0.26%, respectively.
In earnings news, Microsoft (MS) reported earnings per share of $2.22 for the third-quarter, compared to analysts' expectations of $2.19. The company has forecast double-digit revenue growth for the next fiscal year, driven by demand for cloud computing services.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.