U.S. stock index futures inched higher on Wednesday, buoyed by upbeat economic d...
- U.S. stock index futures inched higher on Wednesday, buoyed by upbeat economic data from China, but gains were capped by disappointing quarterly reports from Netflix and IBM.
The data, along with semiconductor equipment maker ASML forecasting faster growth due to demand from China, pushed U.S. chipmakers higher in premarket trading.Qualcomm Inc jumped 5.2% after the company won a major victory in its legal dispute with Apple Inc that called for the iPhone to once again use Qualcomm modem chips.
At 6:46 a.m. ET, Dow e-minis were up 28 points, or 0.11%. S&P 500 e-minis were up 5 points, or 0.17% and Nasdaq 100 e-minis were up 21 points, or 0.27%.
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