NEW YORK (AP) — Upbeat earnings from Intel and CSX are sending stock futures higher.
Investors are also preparing for the first earnings report from a big bank Wednesday as JPMorgan Chase releases quarterly results.
Chipmaker Intel Corp.’s profit and revenue both topped analysts’ forecasts relieving some concerns about the strength of the personal computer market. Railroad company CSX Corp. says shipments rose in the third quarter, another positive sign for the economy since it delivers goods used across nearly every sector of the economy.
Dow Jones industrial average futures are up 71, or 0.7 percent, at 11,028. S&P 500 futures are up 8, or 0.7 percent, at 1,173, while Nasdaq 100 futures are up 16, or 0.8 percent, at 2,053.
