A 7% premarket pop for Facebook following Q2 results last night is pacing Nasdaq 100 (NASDAQ:QQQ) futures to a 0.35% gain. S&P 500 (NYSEARCA:SPY) futures are ahead 0.25%, and DJIA (NYSEARCA:DIA) futures 0.2%.
Ford is ahead 1% after releasing its Q2 results earlier this morning.
Europe's Stoxx 50 is up 1%, and a 1.3% gain in Shanghai led Asia higher overnight.
The 10-year Treasury yield is up two basis points to 2.49% and gold is lower by $5 per ounce to $1,302.