Futures on the Nasdaq 100 Index rallied after Amazon.com, Microsoft and Google parent Alphabet all posted quarterly profit that topped estimates, together adding about $ 100 billion to their shares in after-hours trading.
All three stocks soared at least 7 percent. Facebook Inc. added 2.2. percent. Nasdaq futures expiring in December traded at 4,574.50, or 2 percent above their level at the 4 p.m. close Thursday in New York.
Source : Bloomberg
The Nasdaq Composite Index extended its all-time high after Google Inc. jumped on earnings, while the Standard & Poor’s 500 Index fluctuated as energy shares fell with oil.
The Nasdaq Composite Index rose 0.6 percent to 5,193.78 at 10:08 a.m. in New York. The S&P 500 lost 0.1 percent to 2,122.69 after adding 0.8 percent Thursday to close in on its all-time high. The Dow Jones Industrial Average fell 62.06 points, or 0.3 percent, to 18,058.19.
The Nasdaq Composite climbed 1.3 percent to a high yesterday, with companies including Netflix Inc. surging after reporting financial results. The S&P 500 closed 0.3 percent below its record and is on course for its biggest weekly gain in four months, up 2.3 percent.