U.S. stock futures fell amid disappointing quarterly results at companies including Google Inc., American Express Co. (AXP) and General Electric Co. (GE).
Microsoft Corp., International Business Machines Corp. (IBM) and Intel (INTC) Corp. added at least 0.9 percent as results beat projections.
Investors also awaited a report which may show that sales of previously owned U.S. homes rose in December to the highest level in more than a year. Greek officials and private creditors entered a third day of negotiations on a debt swap deal that’s crucial to lowering the country’s borrowings and freeing up a second round of international aid.
Global stocks:
Nikkei 8,766 +126.68 +1.47%
Hang Seng 20,110 +167.42 +0.84%
Shanghai Composite 2,319 +23.04 +1.00%
FTSE 5,742 +1.18 +0.02%
CAC 3,316 -12.85 -0.39%
DAX 6,410 -6.20 -0.10%
Crude oil: $99.12 (-1,3%).
Gold: $1651.10 (-0,2%).
GE (GE): Q4 EPS of $0.39 vs cons $0.38. Revenue of $37.97B (-8% Y/Y) misses by $2.06B. Shares of GE -2.61% premarket.
American Express (AXP): Q4 EPS of $1.01 vs cons $0.99. Revenue of $7.7B (+7% Y/Y) misses by $0.2B. Shares of AXP -2.26% premarket.
Microsoft (MSFT): Q2 EPS of $0.78 vs cons $0.76. Revenue of $20.89B (+5% Y/Y) in-line. Shares of MSFT +2.24% premarket.
Intel (INTC): Q4 adjusted EPS of $0.68 vs cons $0.61. Revenue of $13.9B (+22% Y/Y) beats by $0.2B. Shares of INTC +0.47% premarket.
IBM (IBM): Q4 EPS of $4.71 vs cons $4.62. Revenue of $29.5B (+2% Y/Y) misses by $0.25B. Shares of IBM +2.62% premarket.
Asian stocks rose, with a regional benchmark index heading for its fifth straight weekly advance, as fewer Americans than forecast filed claims for jobless benefits and after Spain and France sold bonds at lower yields.
Nikkei 225 8,766 +126.68 +1.47%
Hang Seng 20,110 +167.42 +0.84%
S&P/ASX 200 4,240 +24.86 +0.59%
Shanghai Composite 2,319 +23.04 +1.00%
Toyota Motor Corp. (7203), a Japanese carmaker that gets about 70 percent of its sales overseas, climbed 4.1 percent in Tokyo.
Japanese lenders rallied after the central bank said it will postpone the sale of shares purchased from financial institutions. HSBC Holdings Plc. (HSBA), Europe’s biggest bank by market value, advanced 3.4 percent in Hong Kong.
Li Ning Co., China’s No. 1 sportswear company, surged 7.1 percent after selling 750 million yuan ($119 million) of convertible bonds.
Resistance 3: Y78.30 (Nov 29 high)
Resistance 2: Y77.90 (Dec 29 high)
Resistance 1: Y77.30/40 (area of Jan 6 and 19 highs)
The current price: Y77.14
Support 1:Y77.05 (session low)
Support 2:Y76.70 (Jan 19 low)
Support 3:Y76.55 (Jan 17 low)
Resistance 3 : $1.5570 (Dec 30 high)
Resistance 2 : $1.5525 (Jan 6 high)
Resistance 1 : $1.5500 (Jan 10 high)
The current price: $1.5488
Support 1 : $1.5445 (low of the Asian session on Jan 11)
Support 2 : $1.5400/05 (area of Jan low and high)
Support 3 : $1.5320 (low of the American session on Jan 17)