U.S. futures were steady and stocks rose on positive earnings reports and optimism that the Federal Reserve won’t start tapering stimulus imminently. Treasuries fell.
Contracts on the S&P 500 and the Nasdaq 100 were steady. Ford Motor Co. rose in premarket trade after a surprise profit as Facebook Inc. fell on a cautious outlook. European shares hit a fresh record, boosted by updates from Royal Dutch Shell Plc and Airbus SE. Beijing’s efforts to soothe market nerves, including a short-term cash injection from the central bank, buoyed Asian equities and Chinese large caps listed in the U.S.
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