BUZZ-U.S. Stocks on the Move-Facebook, Caterpillar, AT&T, Ford

Thu Jul 24, 2014 8:30am EDT
 
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)

U.S. stock index futures rose on Thursday, following a record close on the S&P 500 index, lifted by strong data overseas and better than forecast results from Facebook. Dow Jones industrial average e-mini futures were up 0.20 percent at 17,059, S&P 500 futures were up 0.24 percent at 1,985.5 and Nasdaq 100 futures were up 0.38 percent at 3,990.5.

** FACEBOOK INC, Wednesday close $71.29, +8.75 pct premarket

Facebook's fast-growing mobile advertising business helped drive a 61 percent increase in revenue during the second quarter, beating Wall Street's financial targets and sending shares to a record-high in after-hours trading on Wednesday.

** CATERPILLAR INC, Wednesday close $108.38, -1.76 pct premarket

The world's largest mining equipment maker reported lower-than-expected second-quarter sales due to weak demand from miners.

The company's sales fell 3 percent to $14.15 billion, lower than the average analyst estimate of $14.4 billion.

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