Apple, Facebook drive Nasdaq futures higher as earnings roll in

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Nasdaq futures jumped 1% on Thursday after stellar earnings from Apple and Facebook powered a rally in tech stocks, while investors parsed another barrage of quarterly reports ahead of GDP numbers and jobless claims data.

At the conclusion of the U.S. central bank's latest policy meeting on Wednesday, Fed Chair Jerome Powell acknowledged the economy's growth, but said there was not yet enough evidence of "substantial further progress" toward recovery to warrant a change in policy.

At 6:44 a.m. ET, Dow e-minis were up 177 points, or 0.52%, S&P 500 e-minis were up 30.25 points, or 0.72%, and Nasdaq 100 e-minis were up 138.75 points, or 1%.

 

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