Article taken from: finance.yahoo.com
For a Reuters live blog on U.S. , UK and European stock markets, click LIVE/ or type LIVE/ in a news window). Futures up: Dow 0.64%, S&P 0.53%, Nasdaq 0.25% By Shreyashi Sanyal May 3 (Reuters) – U.S. stock index futures rose on Monday after a week of largely upbeat earnings strengthened expectations of sustained profit growth at companies, with investors also awaiting economic data to gauge the pace of recovery. […] Megacap technology stocks rose in premarket trading, with Apple Inc, Amazon.com Inc, Alphabet Inc and Microsoft Corp adding between 0.2% and 0.4% after posting largely upbeat results in the prior week. Improving economic data, strong earnings, fiscal stimulus and the Federal Reserve’s ultra accommodative stance have supported markets, pushing the S&P 500 and the Nasdaq indexes to record levels during the course of last week. […] Moderna Inc gained 2.4% after the drugmaker said it would supply 34 million doses of its COVID-19 vaccine this year to the global COVAX program.
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