Tech was the talk this morning in early preopen trading.
Lately on electronic brokerage
, big-caps were working on recovering some of what they lost last week.
was up 25 cents to $28.44, software giant
was gaining 88 cents to $60 and
was 25 cents higher to $33.75.
, though, hadn't recently hit its recovery point yet and was continuing to slide. The long distance company reported earnings last week
in line with estimates but far lower than year-ago estimates. The stock was off $1.31, or 6.5%, to $19.
Early on, futures were pointing to a positive opening at the bell. The
S&P 500 futures on
lately were up 3 to 1324, about 5 points above fair value as calculated by
. The thinly traded
futures were up 14 to 2291, or almost 20 points above fair value as calculated by
Europe's major indices were slightly higher, with France's
up 0.3%, Germany's
up 0.6% and the U.K.'s
0.6% higher. Hong Kong's
slipped 1.1%. Japan's
was closed for a holiday.
For more on the world stock markets, check out
global indices information
For Friday's postclose trading, see The Night Watch.