Futures Rebound Lifted By Strong Amazon, Apple Earnings

US equity futures rebound from the Thursday drop, led by Mag 7. As of 8:00am ET, S&P futures are 0.8% higher and Nasdaq futures gain 1.2%, on pace for sixth and seventh straight monthly gains respectively, with all Mag 7 names higher premarket, led by AMZN (+12.7%) and AAPL (+1.9%) after their robust earnings release (AWS sales growth of 19.7%, best since 2022 and AAPL’s revenue guidance) yesterday after-close. Europe's Stoxx 600 fell for a fourth day, putting the gauge on track for its longest losing strea ...