U.S. index futures climbed while a gauge of Asian shares slid as investors assessed the outlook for corporate earnings after profit at Apple Inc. and Facebook Inc. beat estimates. New Zealand’s dollar gained after the central bank raised interest rates and nickel advanced.
India’s Congress party is claiming credit for a stock-market rally that sent the S&P BSE Sensex index to record highs. Much of the evidence suggests the real catalyst is Narendra Modi, the leader of the opposition party projected to win the national elections.
Bank of America Corp.’s Lisa Carnoy, one of Wall Street’s highest-ranking women, is moving from head of the global capital-markets division to an executive role in the U.S. Trust wealth-management unit.