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* Salesforce set to hit new high after forecast bump
* Intuit , Hewlett Packard Enterprise jump after results
* Futures: Dow dips 0.10%, S&P flat, Nasdaq up 0.12%
(Adds comment, details; updates prices)
By Medha Singh and Devik Jain
Aug 26 (Reuters) - The tech-heavy Nasdaq was set to open
slightly higher on Wednesday after upbeat business updates from
Salesforce and HP Enterprise, while the S&P 500 headed for a
subdued start.
Salesforce.com Inc CRM.N , which is set to enter the
blue-chip Dow index .DJI next week, jumped 14.3% in premarket
trading after the cloud software maker raised its annual revenue
forecast on surging demand for its online business software.
Income-tax filing software firm Intuit Inc INTU.O advanced
6.1% after it reported a 17% rise in quarterly revenue, while
Hewlett Packard Enterprise Co HPE.N added 7.2% as its
full-year profit outlook came ahead of market expectations.
The S&P 500 and the Nasdaq hit a series of record closing
highs recently, driven by stimulus and demand for tech-focused
stocks, even though economic data pointed to an uneven recovery
from a recession. A survey on Tuesday showed U.S. consumer
confidence hit a six-year low in August.
All eyes will be on Fed Chair Jerome Powell's address at the
virtual Jackson Hole symposium before markets open on Thursday,
where he is expected to outline a softer policy stance on
inflation.
"We know that he's going to speak about inflation, and that
he's going to say that the Fed remains committed to use all the
necessary tools to help the economy as needed," said Peter
Cardillo, chief market economist at Spartan Capital Securities
in New York.
"A lot of this is already in the marketplace, but the market
wants confirmation of it."
At 8:44 a.m. ET, Dow e-minis 1YMcv1 were down 29 points,
or 0.1%, S&P 500 e-minis EScv1 were up 0.25 points, or 0.01%
and Nasdaq 100 e-minis NQcv1 were up 13.75 points, or 0.12%.
Nordstrom Inc JWN.N tumbled 5.1% after reporting a
bigger-than-expected loss as its stores were shuttered for about
half of the reported quarter and consumers stayed at home with
little need for designer clothes.