US equity markets are set to open higher with sentiment gaining some confidence after Tesla and Microsoft’s results.
Earnings reports from Microsoft exceeded analysts’ expectations for a 13% increase in sales and a net profit of $ 11.2 billion, despite disappointment that Azure’s sales growth slowed below 50%.
Dow Jones futures rose 112 points or 0.4%, while the S&P 500 rose 0.4% and the Nasdaq rose 0.9%.