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