US futures rise as companies post strong results

US futures rise, following world markets higher, as strong earnings deflect European worries

Associated Press
Strong earnings from AT&T, 3M lift Dow average

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In an April 16, 2012 photo trader Damian Bagarozza left, and specialist Joseph Mastrolia work on the floor of the New York Stock Exchange. Wall Street was headed for a higher open Tuesday April 24, 2012, with Dow Jones industrial futures gaining 0.2 percent and S&P 500 futures up 0.3. (AP Photo/Richard Drew)

NEW YORK (AP) -- U.S. stock futures are following key world markets higher on the strength of solid corporate earnings and ahead of several economic reports.

Among the major companies reporting results before the market opens, 3M, Hershey and AT&T posted better than expected profits. Apple Inc. reports after the market closes.

Dow Jones industrial average futures are up 0.26 percent to 12,904. Standard & Poors 500 futures are edging up 0.15 percent to 1,364.80. Nasdaq 100 futures are up 0.04 percent to 2,651.25.

The major market indicators in Europe are mostly gaining modestly. Germany's DAX is up 0.31 percent at 6,543. The CAC40 in France is 1.23 percent higher at 3,136. But London's FTSE 100 is down 1.85 percent at 5,666.

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