(Bloomberg) — US equity futures ticked higher as investors awaited a slew of US economic data and a meeting of the European Central Bank.
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Contracts on the Nasdaq 100 rose 0.2%, as the market tried to shake off the gloom from Tesla Inc.’s disappointing earnings late on Wednesday. While shares in the electric carmaker dropped 8% in US premarket trading, those in International Business Machines Corp. gained 7% after it delivered a positive revenue outlook. American Airlines Group Inc. and Blackstone Inc. also rose after reporting profits.
Intel Corp. rose ahead of its own report later in the day. Thursday also brought some disappointing reports from the likes of European chipmaker STMicroelectronics NV dropped and South Korea’s SK Hynix Inc., the world’s no. 2 maker of memory chips, yest investors are confident interest rates will fall this year and that economic growth is likely to stay resilient.
“We are…
