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Stock Futures Climb as Facebook Earnings Jump 11%

Stock futures climbed Thursday with earnings reports driving markets, most notably a positive quarter from Facebook (FB) .

S&P 500 futures added 0.33%, Dow Jones Industrial Average futures climbed 0.28%, and Nasdaq futures gained 0.26%.

Facebook (FB) shares climbed nearly 2% after the social network reported an 11% jump in third-quarter earnings. Sales jumped 41% as marketing efforts paid off and video ad dollars rolled in. The company also said that most of its users now access Facebook on their mobile phones, which offers a more attractive advertising model.

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Kate Spade (KATE) shares moved higher after the fashion designer reported a mixed quarter. Net income of 6 cents a share came in 2 cents above estimates. Sales jumped 11% to $277.33 million over the third quarter...


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