US futures mixed on corporate earns

NEW YORK (AP) — Stock futures are mixed with corporate earnings pulling markets in two directions.

The tech sector looks like it’s going to be one of the worst performers Friday after disappointing quarterly results from Google, Microsoft and a loss from chipmaker Advanced Micro Devices.

Dow Jones industrial futures are down 12 points to 15,469. The broader S&P futures are up slightly, by 0.2 points, to 1,680.80. The tech heavy Nasdaq futures are down 1.5 points to 3,046.

It’s a different story for General Electric, which posted higher second quarter earnings Friday.

GE sees momentum building in the U.S., after edging out most Wall Street profit expectations in its most recent quarter.

CEO Jeff Immelt said orders in the U.S. showed “strong growth,” an improvement from recent quarters when he expressed caution about the U.S. market.

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. No links will be permitted. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s