Market

Alphabet's Stellar Earnings Propel US Futures Higher, Market Eyes Today's Key Reports

Wall Street Futures Climb Following Alphabet's Impressive Earnings

After a day packed with earnings announcements, Wall Street futures showed positive movement early Friday. Alphabet's standout first-quarter performance, which surpassed analyst expectations, played a significant role in buoying market sentiment. The tech giant reported a 12% year-on-year revenue increase, with earnings per share (EPS) reaching $2.81.

Market Movements and Currency Updates

By 4:17 am ET, the Dow Jones had edged up by 0.11%, while the Nasdaq 100 and S&P 500 saw gains of 0.36% and 0.31%, respectively. In currency markets, the euro experienced a slight dip against the dollar, trading 0.36% lower at 1.13503 by 4:28 am ET.

Looking Ahead: Today's Earnings Calendar

Investors are now turning their attention to upcoming earnings reports from major companies, including SLB and Colgate-Palmolive, which are slated for release today.