Microsoft, Intel earnings keep Dow futures positive
The rallies in Microsoft Corp. MSFT, +0.17% and Intel Corp.INTC, +1.40% shares in premarket trade Friday, after both technology giants reported better-than-expected third-quarter results, was helping keep the futures YMZ7, +0.08%for the Dow Jones Industrial Average DJIA, +0.31% in positive territory. Microsoft's stock rose $4.74, or 6%, ahead of the open, which would add about 33 points to the Dow's price. Intel shares climbed $1.38, or 3.3%, in premarket trade, which would add about 9.5 points to the Dow. Dow futures were up just 16 points in recent trade. Among other early Dow movers, shares of Exxon Mobil Corp.XOM, +0.36% gained 52 cents, or 0.6%, after third-quarter results, which would add about 3.6 points, while Apple Inc.'s stock AAPL, +0.64% rose $2.03, or 1.3%, after reports of a quick sellout of its iPhone X, which would add about 14 points to the Dow.
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