U.S. stock futures advanced Wednesday, as investors cheered Apple Inc.’s earnings and waited for a Federal Reserve statement due in the afternoon.
S&P 500 futures rose by 4.20 points, or 0.2%, to 2,167.50, while Dow Jones Industrial Average futures tacked on 47 points, or 0.2%, to 18,445. Nasdaq-100 futures jumped by 38.25 points, or 0.8%, to 4,702.
Apple shares gained 7% in premarket action after the iPhone maker late Tuesday posted quarterly profit that dropped from a year ago, but beat expectations. Revenue at the world’s largest company by market value also fell, yet topped Wall Street’s forecasts.
