U.S. stock index futures rose on Wednesday, with Apple and other high-growth stocks gaining as a recent rally in Treasury yields paused, while investors took comfort from upbeat earnings reports.
The S&P 500 and the Nasdaq reversed early losses and ended sharply higher on Tuesday, lifted by Apple Inc and Microsoft Corp and banking stocks that were boosted by a jump in Treasury yields ahead of a key inflation reading this week.
Global stock markets were on a firm footing on Wednesday, with the benchmark 10-year U.S. Treasury yield slipping from multi-year highs hit in the previous session.
Megacap names such as Meta Platforms, Google-owner Alphabet Inc, Amazon.com Inc Tesla Inc Apple and Microsoft were up between 0.8% and 1.6% in premarket trading.
Investors are awaiting consumer prices data on Thursday for clues on the Federal Reserve’s plans to hike interest rates… Inflation is forecast at a four-decade high of 7.3%.
MacDailyNews Take: Even after the wild ride at the start of the year, Apple shares in pre-market trading are just four bucks short of its all-time high of $182.94.
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Good job Brandon!
You would be blamed otherwise…
Americans don’t blame Brandon, he is just a hapless dementia patient. We blame the fucking idiots like you who voted for him.
Fuck Joe Biden
Fuck libturds
OMG Becky! Look at your butt!
Becky: Why don’t you f*ck it!
Hey AC, How much crack did smoke with your free crack pipe?
Probably too stupid to under the reference. Lololol
Even Marion Berry is still better than Orange.
Nice to see Apple going back to the higher stock numbers, finally.