Tech was looking for a big bounce at the opening thanks to postclose earnings announcements.

Nasdaq 100

futures on

Globex

were up 95 to 3250, about 140 points above fair value as calculated by

TheStreet.com

, and indicating a strong open. The

S&P 500 futures lately were up 10.3 to 1363.1, about 9.5 points above fair value as calculated by

Prudential Securities

.

The bevy of earnings news made for a busy morning in preopen trading on

Instinet

.

This morning,

Nokia

(NOK) - Get Report

reported earnings a week early because it was so happy about the numbers. It lately was up $5.63 from Wednesday's regular session closing price to $35.63.

Other stocks in the winner's circle were

Microsoft

(MSFT) - Get Report

, up $6.25 to $57;

TheStreet Recommends

America Online

(AOL)

, $2.34 higher to $49.25; and

Texas Instruments

(TXN) - Get Report

up $2.12 to $39.

Apple

(AAPL) - Get Report

, which didn't make revised downward earnings, was off $2.38 to $17.75.

Europe's major indices were higher at midsession, with France's

CAC-40

up 1.4%, Germany's

Xetra Dax

up 1.3% and the U.K.'s

FTSE 100

up 0.9%. Japan's

Nikkei 225

fell 0.4% overnight, while Hong Kong's

Hang Seng

slipped 0.3% (see today's

Asian Markets Update for more).

For Wednesday's postclose trading, see The Night Watch.