Futures rising again on strong corporate earns

Associated Press
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Traders Peter Tuchman, left, and Gregory Rowe work on the floor of the New York Stock Exchange Wednesday, Oct. 9, 2013. World stock markets were dragged down Friday Oct. 25,2013 by doubts about the durability of recoveries in Asia's two biggest economies. (AP Photo/Richard Drew)

NEW YORK (AP) — Stock futures are rising again and U.S. markets appear to be headed for a positive week, driven by resurgent corporate earnings.

Dow Jones industrial futures are up 8 points to 15,462. S&P futures have tacked on a half a point to 1,749. Nasdaq futures are up 11.25 points to 3,382.25.

The Nasdaq and the S&P are up more than 4 percent this month, with the latter hitting new record highs throughout the week and the tech heavy Nasdaq rising to 13-year highs.

Amazon.com, Microsoft and Zynga were all up more than 6 percent in premarket trading Friday on surprisingly strong quarterly numbers released late Thursday.

UPS beat Wall Street expectations with its third quarter earnings Friday and profit at Procter & Gamble rose 8 percent in its most recent quarter.