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Business

Tech futures rise in premarket trading as SpaceX stock rockets overnight—and Wells Fargo’s ‘buy’ signal is triggered

Fortune ·
Tech futures rise in premarket trading as SpaceX stock rockets overnight—and Wells Fargo’s ‘buy’ signal is triggered

Traders woke up in a cheerful mood today, shaking off the riots in France and the rising price of oil.

Asia was mixed but the European indexes rose in early trading.

U.S. futures were up before the open in New York.

Nasdaq futures were up 0.43% after SpaceX reported Q3 earnings that solidly beat analysts’ expectations.

Both of Elon Musk’s companies rose in overnight trading.

SpaceX was up 8.86% post-market, and Tesla rose 1.42%.

S&P 500 futures were up 0.24% this morning.

The index rose 0.28% yesterday.

In Europe, the Stoxx 600 rose 0.54% in early trading, and the U.K.’s FTSE 100 rose marginally 0.03% before lunch.

Asia: South Korea’s KOSPI was up 3.29%.

Japan’s Nikkei 225 was up 0.85%.

India’s Nifty 50 was down 0.66%.

China’s CSI 300 was down 0.97%.

Brent crude was $110 per barrel.

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