Futures higher on growth pledge from China

NEW YORK (AP) — Stock futures are moving higher on a pledge from China to maintain growth.

Dow Jones industrial futures are up 42 points to 15,533. S&P futures have added 3.10 points to 1,693.40. Nasdaq futures are up 7 points to 3,054.50.

Chinese Premier Li Keqiang vowed that the government would not let economic growth slip below 7 percent, which pushed Asian, European markets and U.S. futures higher Tuesday.

The world’s second-biggest economy has posted consecutive quarters of slower growth.

There were mixed quarterly financial results from U.S. corporations Tuesday. UPS posted a 4 percent profit decline as customers pared back on shopping costs. DuPont’s net income declined as well.

The Wendy’s burger chain beat Wall Street expectations for the second quarter and raised its dividend.

Apple posts earnings after the bell.

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