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Futures move higher as market weighs economic, earnings news

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U.S. equity futures saw modest gains on Thursday, a day after a solid jobs report drew mixed emotions and traders took in more earnings news from big companies.

Dow Jones Industrial Average futures gained 136 points, or 0.3%. S&P 500 futures and Nasdaq 100 futures also rose 0.3% each.

Cisco Systems slid 7% in premarket trading after the maker of networking hardware such as switches and routers issued disappointing guidance for the current quarter. McDonald’s turned positive after an earnings beat.

Those moves come after a downbeat trading day on Wall Street, with the 30-stock Dow off by more than 66 points, or 0.1%, while the Nasdaq Composite dipped about 0.2%. The S&P 500 ended the day just a tick lower.

Read more from CNBC.

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