MARKET PULSE-Apple, VMware, Transition Therapeutics, Electronic Arts

Wed Jul 24, 2013 7:46am EDT
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s)

July 24 (Reuters) - Some U.S. stocks to watch on Wednesday:

FUTURES BOOSTED BY APPLE, SOLID EURO ZONE DATA

U.S. stock index futures edged up as Apple shares led gains in premarket a day after the tech giant reported better-than-expected earnings results, while solid euro-zone preliminary PMI data boosted market sentiment.

S&P 500 futures rose 4.9 points, Dow Jones industrial average futures rose 27 points and Nasdaq 100 futures added 27 points.

** APPLE INC, Tuesday close $418.99, up 4 pct premarket

A sharp drop in Apple's China revenue in April-June underscores the challenges it faces in its second-largest market as the technology gap with cheaper local rivals narrows and as Samsung Electronics keeps up a steady stream of new models across all price ranges.   Continued...