Futures gain as earnings reports speed in; FOMC meet begins


Among the big names reporting, Merck is edging higher in premarket action after beating estimates. S&P 500 (NYSEARCA:SPY), Dow (NYSEARCA:DIA), and Nasdaq 100 (NASDAQ:QQQ) futures are all ahead by about 0.2%.

Europe's up modestly and Asia posted gains again overnight, with winning streaks continuing for Shanghai and Hong Kong.

The 10-year Treasury yield is off one basis point to 2.48% as the FOMC's two-day meeting begins this morning. Gold is up $4 per ounce to $1,310.

ETFs: SPY, QQQ, SH, DIA, SSO, SDS, VOO, PSQ, IVV, SPXU, UPRO, TQQQ, SPXL, QID, RSP, SQQQ, DOG, QLD, DXD, RWL, EPS, UDOW, SDOW, DDM, BXUB, QQEW, QQQE, SPLX, SFLA, QQXT, BXUC, SPUU

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