Salesforce Soars as Dow Futures Rise, Inflation Data Awaited

Dow Jones futures, along with S&P 500 futures and Nasdaq futures, rose slightly overnight. Salesforce.com (CRM) saw a jump in stock price after reporting strong earnings. The stock market rally continued to gain momentum, with several software companies, including CrowdStrike (CRWD), Okta (OKTA), and Veeva Systems (VEEV), also reporting positive earnings. Additionally, Shopify (SHOP) rose after announcing a deeper integration with Amazon. Four major stocks, Tesla (TSLA), Amazon.com (AMZN), Meta Platforms (META), and Apple (AAPL), are trading near the 50-day line, potentially offering entry points. The release of the PCE inflation report and weekly jobless claims data are expected to impact Dow futures and Treasury yields.