Futures tied to major U.S. equity indexes were higher by just a tad Friday morning even after the tech giants reported stellar earnings.
Analysts were expecting revenue of just $9.38 billion for the quarter, according to the consensus from Refinitiv. Shares of Caterpillar, a Dow component, were up more than 1% in premarket trading.
An employee assembles an excavator at the Caterpillar Inc. manufacturing facility in Victoria, Texas.The euro zone economy contracted by 12.1%The region's largest economies, including Germany, Italy, France and Spain, contracted by double digits during the period due to strict lockdown measures amid the coronavirus pandemic.The number was not as bad as feared, however, as economists surveyed by Dow Jones had expected a 34.7% decline.
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