Seeking Alpha

Stock futures edge higher as earnings flow accelerates

Stocks look to begin today's session on a flat note as index futures trade little changed; S&P and Dow +0.1%, Nasdaq +0.2%.

Premarket action has featured some earnings reports that were mostly better than expected: Comcast, Travelers, Netflix and United Technologies are poised for early gains after beating estimates, while McDonald's missed bottom-line estimates but the stock is on track for a higher open.

After posting a fifth straight gain yesterday, the S&P 500 has added 3.1% from closing at a two-month low and is now just 1% away from its April 2 record closing high of 1890.90.

Treasurys are off slightly to start the day, with the 10-year yield up one basis point at 2.73%.

Still ahead: existing home sales, Richmond Fed.

Comments (1)
  • omarbradley
    , contributor
    Comments (964) | Send Message
    earnings "flow"? that's a new one.


    You mean NEWS flow.


    Time for another "news paper" to go belly up i imagine.
    22 Apr 2014, 09:30 AM Reply Like
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