NEW YORK (AP) — Stock futures are rising modestly after banking giant JPMorgan Chase became the latest company to report strong quarterly results, even as broader economic indicators point to a slowdown.
Big gains, though, are being kept in check Thursday as investors prepare for key reports on unemployment, inflation and manufacturing that will shed more light on the pace of recovery.
JPMorgan Chase easily topped earnings forecasts, following others like Intel and Alcoa.
Ahead of the opening bell, Dow Jones industrial average futures are up 21, or 0.2 percent, at 10,327. Standard & Poor’s 500 index futures are up 3.20, or 0.3 percent, at 1,094.30, while Nasdaq 100 index futures are up 8.25, or 0.5 percent, at 1,859.50.
