Futures higher as solid earnings reports continue
2017-07-26 07:16:29
Stock futures are slightly higher as the earnings parade continues. The big surprises last night were the better than expected reports from both U.S. Steel (X) and Advanced Micro Devices (AMD), while this morning Coke (KO) and Ford (F) have been among those to post better than expected earnings. In addition to earnings, investors will be watching the new home sales report for June and the rate decision from the Fed, which concludes its meeting this afternoon. There is no expectations for a rate change, but analysts will be watching for clues about the Fed's plans to pare its balance sheet.