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Stock futures mixed ahead of opening

Stock futures mixed ahead of opening

Stock futures were mixed Wednesday, with Nasdaq futures rising after strong earnings from Apple boosted the technology sector.
Dow Jones industrial average and Standard & Poor's 500 futures were both modestly lower.
With little economic data released early this week, investors have focused on earnings to drive trading. Better-than-expected results across many sectors has helped push stocks higher the past two days.
Apple Inc.'s earnings easily topped expectations thanks to record sales of iPhones.
Ahead of the opening bell, the tech-heavy Nasdaq 100 index futures rose 6.25, or 0.3 percent, to 2,030.50. Dow Jones industrial average futures fell 23, or 0.2 percent, to 11,051, while Standard & Poor's 500 index futures fell 1.30, or 0.1 percent, to 1,204.10.
Apple shares rose $12.91, or 5.3 percent, to $257.50 in pre-opening trading.
Investors will try to continue this week's winning streak. Major indexes advanced again Tuesday, with the Dow rising 25 points. It was the Dow's eighth gain in the past nine trading sessions.
Oil rose again Wednesday. Gold was also higher as the dollar fell against other major currencies.
Bond prices were little changed. The yield on the benchmark 10-year Treasury note, which moves opposite its price, was unchanged at 3.80 percent compared late Tuesday.
Overseas, Britain's FTSE 100 fell 0.4 percent, Germany's DAX index rose 0.1 percent, and France's CAC-40 dropped 0.2 percent. Japan's Nikkei stock average rose 1.7 percent.


Updated : 2021-10-20 12:44 GMT+08:00