Futures on the Dow Jones Industrial Average DJ2H +0.71% rose 91 points, or 0.7%, to 12,668. S&P 500 Index futures SP2H +0.70% rose 9.6 points, or 0.7%, to 1,317.80, while Nasdaq 100 futures ND2H +0.55% rose 12.50 points, or 0.5%, to 2,476.75.
Futures got a lift as European stocks charged higher on relief after contraction in euro-zone manufacturing eased in January, allowing investors to push aside Greece worries for the time being. The Stoxx Europe 600 XX:SXXP +1.43% jumped 1.3% to 257.72, led largely by gains for bank stocks.
Shares of Deutsche Boerse AG DE:DB1 +0.32% rose 1% after the European Commission blocked its planned tie-up with NYSE Euronext NYX -1.78% , citing competition grounds.
In the U.S., investors are awaiting news on social networking site, Facebook, which may file initial public offering papers as soon as Wednesday.
Shares of online retailer Amazon.com Inc. AMZN -8.71% fell 9% in after-hours trading on Tuesday after it reported a sharp fall in fourth-quarter earnings and a surprising miss on revenue.
Shares of Broadcom Corp. BRCM +1.89% could be active after the communications chip maker beat forecasts with its results and outlook.
The earnings calendar for Wednesday is full, with Qualcomm Inc. QCOM +0.61% , Marathon Oil Corp. MRO -0.59% and Whirlpool Corp. WHR +1.06% among those due to report ahead of the bell. U.S. automakers are expected to report January sales later. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
No comments:
Post a Comment