The S&P 500 and Dow futures hit record highs on Tuesday as Facebook rose after its quarterly results and a share buyback plan, turning the spotlight on its technology peers set to report later in the day.
Facebook Inc. rose 2.5 percent in premarket trading even as the social media giant warned that Apple Inc.’s new privacy changes would weigh on its digital business in the current quarter. The company announced $50 billion in share buybacks, while posting a 17 percent rise in third-quarter profit.
