Stocks pointed higher early Friday as earnings reports poured in from virtually every corner of the U.S. economy, with many large companies impressing the Street. European stocks were higher on a strong investor confidence reading out of Germany. Investors in Europe will be watching closely as France begins to vote in its presidential election this Sunday.
Dow futures rose 75 points to 12,977; S&P 500 futures rose 6.7 points to 1,379.2.
Microsoft (MSFT) shares rose 3.3% in pre-market trading on better than expected earnings.
McDonald’s (MCD) beat earnings expectations and saw global same-store sales rise 7.3%, sending shares 1.7% higher.
General Electric (GE) rose 1.3% after showing strong growth in its industrial businesses.
Industrial giant Honeywell (HON) rose 3.5%, riding strong commercial aerospace results to better than expected earnings.
Oil service company Schlumberger (SLB) rose 3.4% on in-line earnings and better than expected revenue.
No comments:
Post a Comment