Early pre-market trade has Dow Jones live futures up 0.14%, driven by optimism over global trade data. Strong export numbers may be an early indicator for corporate revenue upticks. U.S. stock futures tumbled on Wednesday following Tuesday's advances. Futures of major benchmark indices were lower. The ISM services PMI registered a 50.0% reading for the month, down 2 percentage points from August and below the Dow Jones consensus estimate for an unchanged level of 52%. The various purchase manager surveys reflect the percentage of companies reporting growth, so anything less than 50 is contraction. Pre-market shows Dow Jones live futures up 0.11% amid easing fears over a potential government shutdown. Financials and infrastructure-linked stocks are seeing soft buying activity.
