Dow Jones futures rose modestly Thursday morning, along with S&P 500 futures and Nasdaq futures, after the stock market rally closed near session lows for a second straight session. ServiceNow (NOW) and Ford Motor (F) were key earnings overnight. But investors are already turning to Apple (AAPL) earnings Thursday night.
The stock market rally finished poorly again on Wednesday with the Dow Jones and S&P 500 retreating. The Nasdaq composite closed essentially flat, even with Microsoft stock, Google parent Alphabet (GOOGL) and, to a lesser extent, Tesla (TSLA) providing a boost. Microsoft (MSFT) is closing in on Apple stock’s market cap, while Google stock broke and approached a $2 trillion valuation. But many leaders showed wild action, while market breadth was weak.
The 10-year Treasury yield fell sharply Wednesday, extending recent declines, while crude and copper prices fell solidly.
NOW stock, Ford, Upwork (UPWK), eBay (