REUTERS: U.S. stock futures rose on Wednesday after Disney squeezed out a quarterly profit despite taking a US$5-billion charge due to the pandemic, while investors awaited data on private payrolls and the service sector to gauge the country's economic health.
Investors' focus on Wednesday is on the ADP National Employment Report, a precursor to the monthly jobs report on Friday, which is expected to show private payrolls rose by 1.50 million in July after a strong rebound of 2.37 million in June.Investors have been concerned about signs that the U.S. economic activity is stalling amid a surge in COVID-19 infections in parts of the country, strengthening the case for more fiscal aid.
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