1. — U.S. stock futures were rising Wednesday after earnings from Morgan Stanley (MS) topped analysts’ forecasts.
The S&P 500 fell 0.29% on Tuesday, the Dow Jones Industrial Average dropped 0.55%, and the Nasdaq fell 0.12%, after first-quarter earnings from Goldman Sachs (GS) came up short, and Johnson & Johnson’s (JNJ) revenue missed forecasts.
European stocks traded mixed on Wednesday with shares in London off slightly. Gains were held down by the two-day advance of the pound, which has risen against a weaker U.S. dollar after U.K. Prime Minister Theresa called for an early national election in order to shore up her domestic political support as she prepares to begin negotiations with officials in Brussels over the country’s exit from the European Union.
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