Wednesday, 28 January 2015

Stock Futures Are Jumping Higher on Apple, Yahoo! Earnings

NEW YORK (TheStreet) -- Stock futures were higher with futures for the tech-heavy Nasdaq pointing to a particularly strong start on the back of better-than-expected earnings from Apple (AAPL - Get Report) and Yahoo! (YHOO - Get Report)
S&P 500 futures were up 0.36%, Dow Jones Industrial Average futures gained 0.16%, and Nasdaq futures jumped 1%. 
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Solid earnings from Apple and Yahoo! were a welcome relief after stocks suffered their worst day in three weeks on Tuesday following weak results from multinational companies such as Procter & Gamble (PG) and Caterpillar (CAT) .

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