Investing.com - U.S. stock futures pointed to fresh record highs on Wall Street at the open on Wednesday in what was set to be the busiest day of the earnings season with around 60 S&P 500 companies set to report earnings.
The blue-chip Dow futures was up 21.5 points, or 0.1% by 06.30 a.m. ET (10.30 a.m. GMT), the S&P 500 futures added on four points or 0.16%, while the tech-heavy Nasdaq 100 futures rose 30.88 points or 0.52%.
U.S. stock indexes hit fresh record highs on Wednesday, with the Dow and the Nasdaq closing at records as corporate earnings continued to beat Wall Street expectations.
Twitter Inc (NYSE:TWTR), United Parcel Service Inc (NYSE:UPS), Mastercard Inc (NYSE:MA), Celgene (NASDAQ:CELG), Bristol-Myers Squibb Company (NYSE:BMY), Procter & Gamble (NYSE:PG), ConocoPhillips (NYSE:COP), Raytheon (NYSE:RTN) and MGM Resorts (NYSE:MGM) are among the big names reporting before the opening bell.
Amazon (NASDAQ:AMZN), Intel (NASDAQ:INTC), Starbucks (NASDAQ:SBUX), Baidu Inc (NASDAQ:BIDU), Western Digital (NASDAQ:WDC), Electronic Arts (NASDAQ:EA) and First Solar (NASDAQ:FSLR) are due to report after the closing bell.
Shares in Comcast (NASDAQ:CMCSA) rose more than 1% in pre-market trade after the pay TV operator reported second quarter earnings that beat analysts expectations.
Verizon (NYSE:VZ) shares looked set to rise after it posted second quarter earnings that were in line with expectations and revenue that beat analysts expectations.
Shares in Facebook (NASDAQ:FB) rose 4% to an all-time high of about $173 in pre-market trading.
Late Wednesday the company reported that its mobile advertising business grew by more than 50% in the second quarter.
In currency markets, the dollar eased but remained near 13-month lows after the Federal Reserve’s latest policy statement indicated that it may not raise interest rates again this year.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was last up 0.16% to 93.44 after touching a low of 93.00 overnight, the weakest since June 2016.