Video: Futures Rebound After Wall Street's Steep Decline
By Clip Syndicate
U.S. stock index futures inched higher on Monday, setting Wall Street up for a modest rebound after its worst week since June 2012, with investors focused on corporate earnings from big names like Caterpillar and Apple. Caterpillar Incorporated shares jumped 4.5 percent in premarket trade after the bellwether reported better-than-expected fourth quarter results. Apple is due to report earnings after the bell on Wednesday. The iPhone and iPad maker may notch its most successful holiday shopping season yet, setting records for sales of its gift-friendly iPhones and iPads. It will, however, continue to draw investor scrutiny over sales in ultra-competitive China, its No. 2 market but a drag on revenue and margins in recent quarters.