Futures up ahead of GDP data; Twitter soars in premarket

U.S. stock index futures rose on Wednesday as investors sought bargains following a period of weakness and looked ahead to data on economic growth and comments from the Federal Reserve following its latest policy meeting. U.S. second-quarter economic growth data will be released at 8:30 a.m. EDT, with GDP expected to have grown 3 percent. The July ADP National Employment report on private sector employment will be released a little earlier, at 8:15 a.m., and is expected to show 230,000 jobs created in the month, down from June's 281,000. Twitter Inc (TWTR.N) surged 27 percent to $49 in heavy premarket trading.

via Business News http://ift.tt/1s3Pipv