Traders work on the floor of the New York Stock Exchange during afternoon trading on August 1, 2025 in New York City.
Michael M. Santiago | Getty Images
Stock futures rose on Wednesday as investors analyzed the latest batch of corporate earnings following a losing session on Wall Street.
Futures linked to the S&P 500 were up 0.2%, and Dow Jones Industrial Average futures traded 131 points higher, or 0.3%. Nasdaq 100 futures ticked higher about 0.1%.
Among the outperformers, McDonald’s jumped 3% after the fast-food restaurant saw its second-quarter results beat the Street’s estimates on the top and bottom lines. Same-store sales for the quarter also marked the chain’s largest gain in almost two years.
On the flip side, Snap shares tumbled 17% after revenue came in slightly below expectations, while AMD fell about 6% after posting adjusted earnings per share that missed estimates. On the other hand, Arista Networks rallied nearly 13% on a stronger-than-expected report.
Those moves follow a losing day on Wall Street, marking the S&P 500‘s fifth down day of the last six and the Dow‘s sixth negative session of the past seven.
Tech stocks lagged in Tuesday’s session, with the Nasdaq Composite sliding nearly 0.7%. Small caps were able to buck the market downtrend, with the Russell 2000 climbing 0.6%.
“We just need some digestion,” said Keith Lerner, co-chief investment officer at Truist Wealth, on CNBC’s “Closing Bell.” “Markets don’t move in a straight line. … But, overall, I still think the underlying trend is positive.”
