BUZZ-U.S. STOCKS ON THE MOVE-Pandora, Spectrum Pharma, Facebook
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index futures were higher on Friday after strong quarterly results from Alphabet, Microsoft and Amazon fueled a broad rally across the technology sector. Dow Jones industrial average futures were up 0.86 percent at 17,557, S&P 500 futures were up 0.77 percent at 2,068.75 and Nasdaq 100 futures were up 1.35 percent at 4,614.
** ALPHABET INC, Thursday close $681.14, +10.37 pct premarket
** FACEBOOK INC, Thursday close $99.67, +3.18 pct premarket
New revenue streams such as mobile and video advertising should continue to propel earnings of Google parent Alphabet, whose shares were set to open at a record high on Friday following better-than-expected results, analysts said.
Facebook's shares also rose after Alphabet's strong results.
** MICROSOFT CORP, Thursday close $48.03, +9.60 pct premarket
The company reported better-than-expected third quarter adjusted revenue for the ninth quarter in a row, driven by demand for cloud products.