Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

Bank of America and Morgan Stanley are due to report earnings. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

ASX 200 futures are up 11pts (+0.13%) as of 8:30 am AEDT. In a nutshell: Not the most exciting overnight session but plenty of moving pieces (soft US retail sales, strong earnings from world's largest chipmaker TSMC) Breadth was very strong,

Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank earnings and tame CPI data.

Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter sales, while France's LVMH, Kering and Christian Dior all rising. Retailers Moncler, Burberry, Swatch and Hermes also crowded around the top of the Stoxx index.

Markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year.

Watches of Switzerland and Burberry’s share prices climbed after Cartier-owner Richemont posted booming sales.

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US shares and bond prices held on to their inflation-inspired gains from the previous session on Thursday as traders digested data showing a small increase

In Europe, the Cac 40 is leading the way after Richemont, the owner of Cartier, reported extremely strong sales, which has boosted hopes of a general recovery in the luxury sector. Richemont sales jumped 10% during the important Christmas season,

European stocks are seen opening on a firm note Friday as investors react to dovish remarks from Federal Reserve Governor Christopher

MSCI's gauge of stocks across the globe rose 2.38 points, or 0.28%, to 849.68. Earlier, Europe's STOXX 600 index closed up 0.98%, with luxury stocks boosted after Cartier jewelry owner Richemont's results exceeded analysts' expectations.