S&P 500 futures are nearing yesterday’s highs and at the best pre-market levels. Futures are up 20 points, or 0.4% as earnings roll in.
Shares of GM are up 6% after beating and raising guidance on strong truck sales. Shares of Spotify are also up 8% on earnings Shares of UPS and Pepsi are slightly lower after reporting while JetBlue tumbled 10.5%.
Shares of steel-makers Nucor and Cleveland-Cliffs are both lower as well on earnings misses and a decline in demand for steel from some key customers.
This article was written by Adam Button at www.forexlive.com.
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