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Market Commentary

Futures point to higher open after solid earnings from Adobe

07:47

Futures are pointing to a higher open after a relatively quiet night of news. Helping the sentiment, however, were some solid results from Adobe (ADBE), which continues to make a successful cloud transition. Oracle (ORCL), which is also contending with the impact of the cloud mega-trend, is falling after its own report last night. In pre-market trading, Dow futures are 120 point above fair value, Nasdaq futures are 15 points above fair value and S&P futures are 9 points above fair value.

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