By Oliver Gray
Investing.com - U.S. stock futures were trading higher in early APAC deals on Friday, following a negative session among benchmark indices overnight amid continued volatile trade as investors rotate away from riskier assets in the face of aggressively tightening central bank monetary policies.
Among stocks, major technology players finished mixed, with Amazon.com Inc (NASDAQ: AMZN ) up 0.55%, Microsoft Corporation (NASDAQ: MSFT ) adding 1.05%, Twitter Inc (NYSE: TWTR ) up 0.65%, Netflix Inc (NASDAQ: NFLX ) rebounding 7.5%, while NVIDIA Corporation (NASDAQ: NVDA ) lost 3.64%, Advanced Micro Devices Inc (NASDAQ: AMD ) fell 7.33%, Alphabet Inc (NASDAQ: GOOGL ) lost 0.18% and Block Inc (NYSE: SQ ) shed 4.83%.
In extended deals, Apple Inc (NASDAQ: AAPL ) popped 5.37% after reporting its largest single quarter in terms of revenue ever, with sales growing over 11% amid supply challenges and the lingering effects of the pandemic.
Visa Inc (NYSE: V ) gained 5.26% after a better-than-expected earnings report , Western Digital Corporation (NASDAQ: WDC ) dropped 8.53% despite a strong earnings report while Robinhood Markets Inc (NASDAQ: HOOD ) shed 11.11% after the company reported disappointing revenue forecasts for the first quarter of 2022, while earnings showed a decline in users.
In policy news, the Fed indicated Wednesday that it could soon raise interest rates for the first time in more than three years as part of a broader tightening of historically easy monetary policy.
On the bond markets, United States 10-Year yields were at 1.803%.
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