North American markets could shake off yesterday's trading blues in Friday's session, as several upbeat quarterly results and forecasts from major technology companies inject some optimism in traders.
In premarket trading, Dow Jones industrial average futures, S&P 500 futures and S&P/TSX futures are all up marginally.
Research In Motion posted better than expected numbers late yesterday and gave guidance that exceeded the Street's expectations. Oracle, the world's second largest software company to Microsoft, also delivered surprisingly strong results, saying that U.S. companies are starting to invest in technology again.
Overseas, Asian markets closed their session down a notch. Hong Kong's Hang Seng index was down 0.8 per cent, while Japan's Nikkei index fell 0.21 per cent.
But European bourses are showing small gains, with London's FTSE 100 index up 0.3 per cent.
Crude oil is up $1.67, or 2 per cent, to $74.32 a barrel on stronger economic data from the U.S. and Germany.
Gold is up $7.50 to $1,106.40 an ounce.
The Canadian dollar is also up a fraction at 93.79 cents (U.S.).