Stocks: Pushing on to new highs?

February 21, 2014: 7:36 AM ET
sp 500 futures 7
Click on chart to track premarkets
NEW YORK (CNNMoney)

Markets could end the week on a high note as investors shrug off mixed signals about the health of the economy and corporate earnings.

U.S. stock futures were edging up early Friday.

Dish Network (DISH) reported quarterly earnings with significant increases in profit and revenue.

Related: Fear & Greed Index shifts into neutral

Shares in General Motors could come under pressure after a Georgia attorney accused the company of dragging its feet on recalling popular compact cars with a defect that was involved in the deaths of at least six people.

GM (GM) shares fell in premarket trading.

On the economic front, existing-home sales for January will be released at 10 a.m. ET.

Related: CNNMoney's Tech30

Business Wire, owned by Warren Buffett's Berkshire Hathaway (BRKA), said it would discontinue its widely criticized practice of pumping a live news feed into high frequency traders.

Facebook (FB) shares edged up in premarket trading, leaning toward another gain after agreeing to buy WhatsApp earlier this week.

U.S. stocks rallied Thursday, despite lackluster economic data. The S&P 500 closed within 10 points of its record high while the Dow snapped a two-day losing streak and Nasdaq also gained.

Hewlett-Packard (HPQ) edged up in premarket trading after reporting earnings late Thursday that topped analysts' expectations.

Groupon (GRPN) shares plunged after releasing a mixed earnings report. The company topped expectations, but forecast a loss for the next quarter.

Shares of Priceline.com (PCLN) rose in after-hours trading because of better-than-expected earnings.

Related: Rich Chinese use fine art for money laundering

European markets were mixed in midday trading, as unrest continued in nearby Ukraine, which canceled plans to raise $2 billion by selling bonds to Russia.

Asian markets ended mixed.

Join the Conversation
Markets
Sponsored by
Index Last Change % Change
Dow 17,065.08 -56.93 -0.33%
Nasdaq 4,559.08 -10.54 -0.23%
S&P 500 1,995.71 -4.41 -0.22%
Treasuries 2.34 -0.02 -0.97%
Data as of 12:06pm ET
Company Price Change % Change
Apple Inc 102.47 0.34 0.33%
Bank of America Corp... 16.04 -0.16 -0.99%
Facebook Inc 73.85 -0.78 -1.05%
Yahoo! Inc 38.30 0.12 0.31%
Pfizer Inc 29.50 0.01 0.02%
Data as of 11:50am ET
Overnight Avg Rate Latest Change Last Week
30 yr fixed4.08%4.25%
15 yr fixed3.17%3.23%
5/1 ARM3.30%3.37%
30 yr refi4.06%4.19%
15 yr refi3.16%3.18%
View rates in your area
 
Find personalized rates:
Rate data provided
by Bankrate.com