Stock futures rose Friday following three days of losses for the S&P 500 and four down days for the tech-heavy Nasdaq Composite. The question on investors’ minds Investors has been whether the Federal Reserve will keep interest rates higher for longer as the U.S. economy remains hot.
Smartsheet was rising 6.6% after the cloud work-management platform reported second-quarter adjusted earnings better than estimates and said it expects fiscal-year revenue of between $950 million and $953 million, higher than analysts’ estimates of $946 million.
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