United States stock futures traded higher on Thursday night (Friday AEDT), with investors digesting earnings from Apple and other major companies ahead of key inflation data.
By 10:25 am AEDT (11:25 pm GMT) Dow futures gained 0.1%, S&P 500 futures ticked up 0.2%, while Nasdaq 100 futures gained 0.3%.
In extended trading, Apple climbed nearly 3% after posting record revenues for the quarter.
Intel rose 3.7% after beating estimates, despite declining earnings and revenues.
However, Deckers plunged 15.6%, despite exceeding third-quarter forecasts.
Thursday’s session saw broad gains, though technology stocks remain in focus following Monday’s sell-off triggered by developments in China’s DeepSeek AI startup and earnings from key players.
Despite recent gains, only the Dow Jones is on track to end the week in positive territory, up about 1%. The S&P 500 and Nasdaq Composite are set to decline 0.5% and 1.4%, respectively.
Investors will closely watch December’s personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred inflation measure. Quarterly employment cost index, as well as personal income and spending data will also be released.
Earnings season also continues on Friday, with Chevron and Exxon Mobil set to report before the market opens.
