U.S. stock futures higher in pre-market trading for Monday, April 30.The Nasdaq Futures is trading at 6,747.756,702.00  up  with +0.48% percent or +32.25 point.The S&P 500 Futures is trading at  2,679.00 up with +0.28% percent or +7.50 point.   The Dow Futures is trading at 24,374.00  up with +0.37% percent or +90.00 point.

In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 is trading at 22,467.87 up with +0.66% percent or +148.26 point. Hong Kong’s Hang Seng is trading at 30,756.32  up with +1.57% percent or +475.65  point. China’s Shanghai Composite is trading at 3,082.23 up with +0.23% percent or  +7.20 point. India’s BSE Sensex is trading at 35,206.09 up with +0.68% percent or +236.39  point at 12:15 PM.The FTSE 100 is trading at 7,521.50  up with +0.26% percent or +19.29 point. Germany’s DAX is trading at 12,607.91  up with +0.21% percent or +26.12 point. France’s CAC 40 is trading at 5,488.28 up with +0.093% percent or +5.10 point. The Stoxx Europe 600 is trading at 384.68 with a loss of -0.00% percent or -0.01 point.

Monday’s Factors and Events

As earnings season continues, one thing is becoming clear: tech is king.

Coming into Q1 releases, conventional wisdom was that sectors such as energy and financials would be the big winners. Tech, on the other hand, had largely led the moves down over the last couple of months, and was not often mentioned as a place to be. Energy earnings are, as expected, showing tremendous growth, which is hardly surprising if you so much as glance at a chart showing oil prices, while early in the season most financial firms did reveal the expected increase in trading profits.

The headline grabbers, however, have been in tech, and especially big tech.

The big four, Facebook (FB), Amazon (AMZN), Netflix (NFLX), and Google (GOOGL), collectively known as the FANG stocks, have all reported EPS beats, ranging from a penny in the case of Netflix to a massive 168% upside surprise from Amazon. Now that we have all their earnings, it is time to take stock, if you’ll forgive the pun.

On Wednesday, FB reported EPS of $1.69, versus a consensus expectation of $1.66, a 24.26% upside surprise. That was impressive, but even more impressive was that they added users in the teeth of the scandal about data usage and a vocal, but seemingly ineffective, campaign to delete the app.

Friday’s Activity

U.S. market were mixed on Friday.For the day the Dow is trading at 24,311.19 with a loss of -0.046% percent or -11.15 point. The S&P 500 is trading at 2,669.91 up with +0.11% percent or +2.97 point. The Nasdaq Composite is trading at 7,119.80 up with +0.016% percent or +1.12 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,556.24  with a loss of -0.11% percent or -1.66 point; the S&P 600 Small-Cap Index closed at 956.18   with a loss of -0.26% percent or ?2.52 point; the S&P 400 Mid-Cap Index closed at 1,892.23  with a loss of -0.16% percent or ?2.98 point; the S&P 100 Index closed at 1,169.90  up with +0.062% percent or +0.73 point; the Russell 3000 Index closed at 1,582.64  up with +0.074% percent or +1.17 point; the Russell 1000 Index closed at 1,480.04  up with +0.089% percent or +1.32 point;