Wall Street pointed higher early this morning, according to the Associated Press, as investors took in more corporate earnings data ahead of an important inflation update later in the week. Futures for the S&P 500 were up 0.2% before the bell, futures for the Dow Jones Industrial Average were virtually unchanged, and futures for the tech-heavy Nasdaq were up nearly 0.7%.
Tesla jumped 11.6% in off-hours trading, recovering some of its recent losses after the electric car maker said it would accelerate production of new, more affordable vehicles.
Boeing shares were boosted 3.1% even as the aircraft manufacturer said today that it lost $355 million on falling revenue in the first quarter.
In energy markets, U.S. benchmark crude lost 35 cents to $83.01 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, gave up 25 cents to $87.14 per barrel.
The U.S. dollar rose to 154.99 Japanese yen today from 154.82 yen late Tuesday.
