Futures Gather Steam as Investors Parse Earnings Reports

Stock futures rose Wednesday as investors analyzed the latest batch of corporate earnings following a losing session on Wall Street.
Futures for the Dow Jones Industrials vaulted 111 points, or 0.3%, to 44.348.
Futures for the S&P 500 moved higher 10.5 points, or 0.2%, to 6,335.75.
Futures for the NASDAQ dropped 6.75 points to 23,125.25.
Snap shares tumbled 17% after revenue came in slightly below expectations, while AMD fell about 6% after posting adjusted earnings per share that missed estimates. On the other hand, Arista Networks rallied nearly 13% on a stronger-than-expected report.
Disney shares were down more than 1% after the media giant reported mixed results for its fiscal third quarter.
The company earned an adjusted $1.61 per share, beating an LSEG estimate of $1.47 per share. Revenue, however, came in slightly below expectations at $23.65 billion.
Those moves follow a losing day on Wall Street, marking the S&P 500's fifth down day of the last six and the Dow’s sixth negative session of the past seven.
In Japan, the Nikkei 225 index sank 0.6% Wednesday, while in Hong Kong, the Hang Seng edged ahead eight points.
Oil prices advanced $1.10 to $66.26 U.S. a barrel.
Gold prices sagged $16.00 at $3,418.70 U.S. per ounce.