Market Overview - U.S. stock futures rose on Wednesday following Tuesday's gains, with major benchmark indices showing positive movement [1] - The three-day winning streak occurs during a holiday-shortened week, with markets closed on Thursday and open until 1:00 p.m. ET on Friday [1] - Traders are pricing in an 84.9% likelihood of a Federal Reserve interest rate cut in December, influenced by dovish central bank guidance [2] Index Performance - Dow Jones increased by 0.21%, S&P 500 by 0.23%, Nasdaq 100 by 0.29%, and Russell 2000 by 0.22% [2] - The SPDR S&P 500 ETF Trust (SPY) rose by 0.29% to $677.01, while Invesco QQQ Trust ETF (QQQ) advanced by 0.36% to $611.10 in premarket trading [2] Company Highlights - Dell Technologies Inc. (DELL): Stock jumped 4.94% after mixed Q3 results; raised full-year revenue outlook to $111.2 billion - $112.2 billion from $105 billion - $109 billion [7] - HP Inc. (HPQ): Stock fell 5.67% despite better-than-expected Q4 earnings; announced layoffs and issued weak forward guidance [7] - Autodesk Inc. (ADSK): Stock climbed 7% after beating Q3 earnings and revenue expectations; raised full-year revenue guidance to $7.15 billion - $7.17 billion and adjusted earnings guidance to $10.18 - $10.25 per share [7] - Zscaler Inc. (ZS): Stock dropped 7.15% despite beating analyst estimates and raising fiscal 2026 outlook; maintained a weaker price trend in the short and medium terms but a strong long-term trend [14] - Uber Technologies Inc. (UBER): Stock increased by 0.73% after announcing the launch of Level 4 fully driverless Robotaxi operations in Abu Dhabi [14] Sector Performance - Communication services, health care, and consumer discretionary sectors recorded the biggest gains on Tuesday, leading the S&P 500 into positive territory [9] Economic Data - Initial jobless claims data for the week ending Nov. 22 and September's delayed durable-goods orders data will be released at 8:30 a.m. ET [15]
Stock Market Today: Dow Jones, S&P 500 Future Rise Ahead Of Thanksgiving Holiday—Dell Technologies, Autodesk, Uber In Focus - SPDR S&P 500 (ARCA:SPY)