NEW YORK (AP) — Stock futures are headed for a higher opening after Apple and Coca-Cola turned in stronger earnings results.
Apple easily surpassed profit forecasts and, more importantly, raised its revenue outlook above analysts’ expectations when it released results after the market closed Tuesday.
Coke’s results, released early Wednesday, also came in ahead of forecasts. Income rose 16 percent on higher sales of soft drinks and juices in every part of the world except Europe.
Ahead of the opening bell, Dow Jones industrial average futures rose 29, or 0.3 percent, to 10,207. Standard & Poor’s 500 index futures rose 5, or 0.5 percent, to 1,085. Nasdaq 100 index futures rose 16, 0.8 percent, to 1,855.
