By Oliver Gray
Investing.com - US stock futures were steady in early APAC deals on Friday, following slight gains in the previous session, with technology stocks receiving a boost as the accelerating spread of the coronavirus Delta variant sparked fears of a protracted economic recovery, while second quarter corporate earnings continue to roll in.
During regular trade, the Dow Jones Industrial Average added 25.35 points, or 0.07% to 34823.35, the S&P 500 gained 8.79 points or 0.2% to 4367.48, while the NASDAQ Composite gained 52.6 points or 0.36% to 14684.6 and lifting for the 3rd consecutive session.
Among stocks, Domino’s Pizza Inc (NYSE:DPZ) jumped more than 14.55% as quarterly results beat market expectations, Twitter Inc (NYSE:TWTR) surged 5.65% after hours on solid results, posting company’s fastest growth since 2014 while Intel Corporation (NASDAQ:INTC) sagged 2.61% in extended trade after reporting annual revenue forecasts above expectations but flagging ongoing supply constraints due to growing chip demand.
On the data front, US initial jobless claims rose to a 2-month high amid a coronavirus resurgence across the country. In the week ended July 17, claims climbed to 419,000, well above estimates of 350,000. However, continuing claims fell to fresh pandemic lows of 3.24 million.