U.S. Futures Jump as Amazon Revives Earnings Hopes: Markets Wrap
(Bloomberg) -- Nasdaq 100 Index futures rallied and Amazon.com Inc. led premarket gains in New York as earnings optimism returned to the U.S. technology sector. The dollar headed for the worst week since November 2020. Contracts on the tech-heavy gauge rose 0.8% as Amazon jumped 13% in early trading after posting a big beat on cloud-computing profit and raising the price of Prime memberships. The broader U.S. futures market was mixed. Europe’s Stoxx 600 fell as growing rate-hike bets reduced risk appetite. Oil was on course for a seventh weekly advance. The relief for equity investors comes ...