Futures linked to the tech-heavy Nasdaq 100 rose Friday after Apple and Amazon.com posted strong quarterly results, though Swissquote Bank’s Ipek Ozkardeskaya noted the companies sounded cautious on tariffs.
The E-mini Nasdaq 100 futures contract was up 0.3% on Friday. Apple Chief Executive Tim Cook said the impact from tariffs in the June quarter, assuming existing policies remain in place, would add $900 million to Apple’s costs. Amazon reported strong quarterly earnings that weren’t affected by new tariffs on Chinese imports, but levies dimmed the company’s outlook.