U.S. stocks pre-market: Dow futures up about 150 points Netflix plunges 27%
U.S. stock index futures rose ahead of Wednesday's session, signaling that U.S. stocks are expected to extend yesterday's rally. U.S. bond yields eased, with the benchmark yield on the U.S. 10-year Treasury note down 29 basis points at 2.8865, easing pressure on growth stocks. Meanwhile, IBM and Procter & Gamble, which reports today, are still performing well despite weak earnings from Nifty. For now, investors' focus turns to Tesla's earnings report, which will be released after the bell.
In the previous session, U.S. stocks rebounded, with the Dow up 1.45%, the S&P 500 up 1.61%, and the Nasdaq up 2.15%.
As of 20:32 GMT (08:32 a.m. EDT), INVESTING.com U.S. stock quotes show that the Dow futures rose 147.6 points or about 0.43%, at 35,058.80 points; S&P 500 futures rose 19.1 points or about 0.43%, at 4,481.30 points; Nasdaq 100 futures rose 66.3 points or about 0.47%, at 14,276.60 points.
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