US Stock Futures Rally as Amazon, Apple Lift Mood: Markets Wrap

US stock futures advanced as strong earnings from Amazon.com Inc. and Apple Inc. lifted sentiment after a brief pause in the global rally.

Futures on the S&P 500 and Nasdaq 100 rose 0.6% and 1.1%, respectively, after the underlying indexes slipped Thursday amid tech weakness. Amazon surged 12% in premarket trading on its fastest cloud-unit growth in nearly three years, while Apple gained on a revenue beat and upbeat holiday forecast. Nvidia Corp., meanwhile, unveiled new AI deals with South Korean firms.

In Europe, the Stoxx 600 fell for a fourth straight day, putting the benchmark on track ...