(MENAFN- ProactiveInvestors) U.S. stock futures were sharply higher in early trading Friday after both the Dow and the S&P 500 settled the previous session lower though the Nasdaq finished in positive territory.
Today's session could be marked by volatile trading as Friday marks the expiration of stock index futures and options and single stock options and futures which is known as quadruple witching.
There are also no economic reports for investors to react to today with traders looking ahead to an important speech by Fed Vice chairman Stanley Fischer on Monday. This morning Atlanta Fed President Dennis Lockhart will speak at 10:20am ET.
In corporate activity () shares were steady premarket after the company closed lower Thursday its first session as a member of the Dow Jones Industrial Average.
Tiffany () share fell premarket after the company missed same store sales estimates due to currency headwinds. The jeweler also provided a weak earnings outlook despite topping fourth quarter earnings expectations.
() gained after posting better-than-expected profit and lifting its outlook for the year and the current quarter.
Nike () late Thursday reported earnings that topped views though revenues fell short. Still the company provided an upbeat outlook on future orders sending the stock up more than 4% premarket today.
Elsewhere Amazon () has won approval from federal regulators to test delivery drones outdoors as the online shopping giant pursues its vision of speeding packages to customers.
Bank of New York Mellon () has agreed to pay $714 million to settle cases with the Justice Department the Labor Department the SEC the New York attorney general and private class action suits over alleged fraudulent foreign exchange practices.
SeaWorld (NASDAQ:SEAS) has named Joel Manby chief executive at Herschend Family Entertainment as its new CEO effective next month.
Oil prices were lower again this morning while gold futures rose $5 to $1174 an ounce in New York. European markets edged higher Friday with Greek shares rising sharply as officials pledged to draw up another plan for economic reforms. Japanese stocks finished higher Friday with the Nikkei rising to a fresh 15-year high as the yen softened against the greenback.
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