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Futures Hit Another High as Earnings Lend Support

EQUITIES
  • US equity markets got a further after-market boost following the Fed as a slew of corporate earnings came in well ahead of expectations. Shares in both Apple and Facebook trade sharply higher pre-market, lifting the tech-led NASDAQ futures higher by close to 1% ahead of the bell.
  • Across Europe, continental markets are almost uniformly higher, with just Germany's DAX in the red as poor trade in the likes of Munich RE and Continental AG let down the index.
  • Across Europe, energy names continue to outperform, with tech and financials not far behind. Utilities and materials are the poorest performers so far, but losses are marginal at this stage.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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