US STOCKS SNAPSHOT-Futures bounce after JPMorgan results
NEW YORK, July 16 (Reuters) - Stock index futures turned
positive on Thursday after JPMorgan Chase & Co (JPM.N) posted
quarterly results showing it beat net earnings and revenue
estimates.
S&P 500 futures SPc1 were 1.60 points higher and were about even with fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures DJc1 climbed 27 points, and Nasdaq 100 NDc1 futures added 0.50 points. (Reporting by Rodrigo Campos; Editing by Theodore d'Afflisio)
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