Dow futures getting a more than 160-point boost from its earnings reporters

© Marketwatch


The Dow Jones Industrial Average’s components that reported quarterly results ahead of Thursday’s provided the bulk of the index’s early gains after all beat profit expectations. The combined implied shares price gains of Honeywell Corp. Caterpillar Inc. McDonald’s Corp. and Merck & Co. Inc. would add about 160 points to the Dow’s price, while Dow futures climbed 291 points, or 0.9%, with 25 of 30 Dow components seeing premarket gains. Individually, Caterpillar’s stock added about 59 points, Honeywell’s added 55 points, McDonald’s provided a 36-point boost and Merck added 14 points.

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