News Break
Futures added to modest gains as Microsoft posted an impressive earnings beat, joining the parade of firms that have shown positive surprises.
A day after the rollout of its new Windows 7 operating system, Microsoft said it earned 40 cents per share in previous quarter, well ahead of analyst expectations of 32 cents. Shares jumped 7.7 percent in premarket trading.
A handful of companies reporting after the bell Thursday blew away analyst estimates. Amazon.com led the parade and its shares are up 17 percent in premarket trading.
American Express also exceeded expectations as did competitor Capital One Financial, whose shares rose nearly 8 percent premarket.
$INDU Trend
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Today’s Trend: Upwards Consolidation
Resistance: 10186
Support: 9804
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