Finance

S&P, Nasdaq 100 futures are higher after Apple & Facebook beat estimates

0


U.S. stock index futures were mixed in overnight trading on Wednesday, after the major averages posted losses for the day.

Futures contracts tied to the Dow Jones Industrial Average shed 3 points. S&P 500 futures advanced 0.2%, while Nasdaq 100 futures gained 0.5%.

Apple and Facebook’s strong quarterly results boosted futures. Apple said that sales jumped 54% during the quarter, with each product category seeing double-digit growth. The company also said it would increase its dividend by 7%, and authorized $90 billion in share buybacks. Facebook’s revenue jumped 48%, driven by higher-priced ads.

The major averages closed in the red during normal trading. The Dow slid 165 points for a loss…



Source cnbc.com

Apple (AAPL) earnings Q2 2021

Previous article

Ford (F) earnings Q1 2021

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Finance