Dow futures surge higher; Intel, Amazon earnings help ahead of PCE release
Investing.com -- U.S. stock futures rose Friday, ending a difficult week on a positive note, helped by healthy earnings from both Amazon and Intel.) offered up quarterly earnings after the close Thursday that went a long way to securing its position as the world's biggest cloud provider and online retailer.
These positive results have boosted overall confidence at the end of what has been a difficult week on Wall Street.) are due to report before the opening bell, and are expected to report earnings per share of $3.60 on revenue of $51.4 billion and EPS of $2.37 on revenue of $94 billion, respectively) stock fell premarket after the auto giant withdrew its full-year results forecast due to"uncertainty" over the pending ratification of its deal with the United Auto Workers union.
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S&P 500 futures rise after well-received Amazon and Intel resultsSteven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: MKTWgoldstein.
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