7/21, 10:26 AM (Source: TeleTrader)
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US up premarket ahead of earnings

Shares on Wall Street traded higher in the premarket session on Wednesday, as markets continued their rebound to recover the losses suffered at the start of the week. Netflix reported its revenue jumped in the second quarter, while United Airlines' total operating revenue nearly tripled on an annual basis. Johnson & Johnson, Verizon, and Coca-Cola are slated to release their revenues later in the day before the opening bell rings.

Meanwhile, a final agreement on the bipartisan infrastructure deal seems to be getting closer in the United States Senate ahead of today's vote. In business news, Tesla plans to make its Superchargers available to other electric vehicles by the end of the year, and Apple's latest iPhones will reportedly be 5G compatible.

The Dow Jones increased 0.65% at 4:24 am ET, while the Nasdaq 100 gained 0.29% at the same time. The S&P 500 rose 0.51% a minute later. The euro lost 0.15% against the dollar trading for $1.17630 at 4:26 am ET.

Breaking the News / OL