Upbeat Alphabet, Microsoft Earnings May Spark Early Rally On Wall Street

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Friday, 26 April 2024 12:49:29 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market Bitcoin [Bitcoin]( DAX [DAX]( Dow Jones [Dow Jones]( Nasdaq [Nasdaq]( The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to extend the recovery from the sell-off seen early in the previous session. The upward momentum on Wall Street comes amid a positive reaction to some of the latest earnings news from big-name tech companies. Shares of Alphabet (GOOGL) are surging by 11.3 percent in pre-market trading after the Google parent reported better than expected first quarter results and authorized its first-ever dividend as well as a $70 billion stock buyback. Software giant Microsoft (MSFT) is also seeing substantial pre-market strength after reporting fiscal third quarter results that exceeded expectations. On the other hand, shares of Intel (INTC) are likely to come under pressure after the semiconductor giant reported first quarter earnings that beat estimates but provided disappointing guidance. The futures remained firmly positive as closely watched readings on inflation released by the Commerce Department showed consumer prices in the U.S. increased in line with economist estimates in the month of March. The Commerce Department said its consumer price index rose by 0.3 percent in March, matching the increase seen in February as well as economist estimates. [Read More]( --------------------------------------------------------------- Do you day trade? Trader Alerts streams stocks reaching new highs and lows as well as stocks breaking out of previous volume highs as they happen. It's a powerful tool for day trading ideas. [Learn More / Upgrade]( --------------------------------------------------------------- U.S. Economic Reports CADUSD [CADUSD]( Oil [Oil]( Gold [Gold]( EURUSD [EURUSD]( Closely watched readings on inflation released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of March. The Commerce Department said its consumer price index rose by 0.3 percent in March, matching the increase seen in February as well as economist estimates. Excluding food and energy... [Read More]( --------------------------------------------------------------- Stocks in Focus Shares of Snap (SNAP) are skyrocketing in pre-market trading after the SnapChat parent reported first quarter results that exceeded e... [Read More]( --------------------------------------------------------------- [Sell every Stock except ONE]( Markets are down... But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month... [Ticker Revealed.]( --------------------------------------------------------------- Europe European stocks are seeing modest gains in cautious trading on Friday after U.S. tech giants Microsoft and Alphabet posted strong quarterly earnings and an ECB survey showed Euro zone consumers lowered their expectation for inflation over the next 12 months in March. Meanwhile, French consumer confidence unexpectedly decreased in April, monthly survey data from the statistical office INSEE showed earlier today. The consumer sentiment index dipped to 90 in April from 91 in the previous month. Economists had ... [Read More]( --------------------------------------------------------------- Asia USDCAD [USDCAD]( USDEUR [USDEUR]( USDGBP [USDGBP]( USDJPY [USDJPY]( Asian stocks rose broadly on Friday as Microsoft and Google's parent company Alphabet both beat Wall Street's first quarter expectations, offsetting Meta Platforms' disappointing forward guidance. The yen hit a fresh 34-year low as the Bank of Japan ended its two-day policy meeting with no change to interest rates and the target policy rate. Oil and gold traded higher in Asian trading as the dollar index stabilized around a two-week low following the U.S. GDP surprise. Mainland Chinese and Hong Kong stocks posted strong ... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are advancing $0.74 to $84.31 a barrel after climbing $0.76 to $83.57 a barrel on Thursday. Meanwhile... [Read More]( --------------------------------------------------------------- To unsubscribe from this news bulletin or edit your mailing list settings click [here](. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +1 888-992-3836. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49