S&P futures gained 26.25 points to 1388.25, NASDAQ futures rose 59.00 points to 2677.50, and Dow futures rallied 232.00 points to 13063.00.
Gold rose above $1600 to $1608.50 after a rise of $17.80 this morning. WTI crude also posted gains of $4.38 to $91.51.
CBS (CBS) and Linkedin (LNKD) posted positive earnings gaining 5.87% and 12.18% respectively. Open Table Inc. (OPEN) shares increased 17% after releasing positive earnings and great guidance.
Zipcar Inc. (ZIP), in my opinion has a great business model, however I am not sure if I would touch this stock. Last night ZIP lowered its guidance for the coming quarter, shares followed by losing 33%.
Facebook Inc. psyched out bearish investors by rising over 4.5% this morning. Maybe this is somehow correlated to LNKD’s gain?
David Cornes holds a degree in economics from the University of Montana.
