U.S. stock futures point to a moderately higher open on Thursday, with Dow futures up 131 points, S&P 500 futures adding 11.50 points, and Nasdaq 100 futures advancing 51.25 points as of 8:00 a.m. ET. Walmart shares rose in pre-market trading after the company issued third-quarter guidance and raised its fiscal 2025 forecast, despite reporting a weak net profit for the second quarter. Investors are also awaiting a slew of economic data, including weekly jobless claims, July retail sales, and the Philadelphia Fed manufacturing index for August. On Wednesday, the Dow climbed 242.75 points to 40,008.39, the S&P 500 rose 20.78 points to 5,455.21, and the Nasdaq inched up 4.99 points to 17,192.60.
Walmart Inc.Walmart raised its fiscal 2025 forecast and issued positive Q3 guidance, despite weak Q2 net profit.