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Stock futures rise on upbeat earnings reports

Stock futures rise on upbeat earnings reports

U.S. stock futures are off their highs after new reports show jobless claims fell less than expected last week and durable goods orders didn't increase as much as predicted.
Upbeat earnings had been boosting trading throughout the morning, a day after President Barack Obama said the government should take new actions to bolster the economy and create jobs.
The Labor Department says new requests for unemployment benefits fell to 470,000. Economists were expecting them to fall to 450,000.
Durable goods orders rose 0.3 percent in December. Economists expected a jump of 2 percent.
Dow Jones industrial average futures are up 29, or 0.3 percent, at 10,224. Standard & Poor's 500 index futures are up 3.90, or 0.4 percent, at 1,098.50, while Nasdaq 100 index futures are unchanged at 1,809.00.


Updated : 2021-06-23 17:01 GMT+08:00