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*
The Dow and S&P 500 closed at their highest levels in two months
on Thursday, driven by strong quarterly results including that
of McDonald's.
* Global stocks rallied to two-month highs on the prospect of an
extended stimulus program by the European Central Bank.
* Shares of Alphabet <GOOGL.O> soared 9.7 percent to $746.95
premarket after Google's new holding company beat profit
estimates and set its first share buyback on Thursday.
* Microsoft <MSFT.O> rose 8.1 percent to $51.90 after its
adjusted revenue beat expectations for the ninth quarter in a
row.
* Amazon <AMZN.O> was up 9.4 percent at $617.00 after the
e-commerce company posted a surprise profit for the second
quarter.
* Pandora <P.N> sank 25.7 percent to $14.26 after the music
streaming service provider reported a bigger quarterly loss.
* Skechers <SKX.N> tanked 24.8 percent to $34.75 after its
revenue missed estimates. * Markit's preliminary manufacturing
PMI index is expected to have declined to 52.8 in October from
53.1 in September. The data is scheduled at 9:45 a.m. ET.
Futures snapshot at 7:10 a.m. ET:
* S&P 500 e-minis <ESc1> were up 8.25 points, or 0.4 percent,
with 153,153 contracts traded.
* Nasdaq 100 e-minis <NQc1> were up 33.5 points, or 0.74
percent, on volume of 29,983 contracts.
* Dow e-minis <1YMc1> were up 69 points, or 0.4 percent, with
20,422 contracts changing hands.
(Reporting by Abhiram Nandakumar in Bengaluru; Editing by Don
Sebastian)
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