U.S. stock index futures indicated on Wednesday a rebound from the previous session’s losses

Posted on January 22, 2020

At around 7:10 a.m. ET, Dow Jones Industrial Average futures were up 88 points, indicating a gain of 110 points at the open. S&P 500 and Nasdaq 100 futures also pointed to a solid open.

IBM shares climbed more than 4% in the premarket on the back of quarterly numbers that beat analyst expectations. The company also issued 2020 earnings guidance that topped estimates.

Netflix gained 2% after releasing its results. The streaming giant’s revenue topped estimates, but its earnings per share was not comparable to an analyst forecast. International paid subscriber additions, however, topped expectations.