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Friday, January 25, 2019

What's moving markets today

US stock futures are pointing up.

European markets edged higher in early trading, while major stock markets in Asia also closed higher.

It's a quiet day for earnings: Colgate-Palmolive (CL) is set to report before the open, and Ericsson (ERICSS) just posted fourth quarter results.

Ericsson shares rose around 3% after the Swedish telecoms firm reported its first annual sales growth since 2013. Investors are keeping an eye on the company, which competes with China's Huawei and serves as a leading player in 5G technology.

"Growth was partly due to a higher than anticipated activity level in North America driven by increased 5G demand among the US operators," the company said.

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from CNN.com - RSS Channel https://cnn.it/2HEvNWy

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