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Stock market live updates: Dow futures up 100

Stock market live updates: Dow futures up 100
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A worker inspects an order at a JD.com delivery station in Yizhuang, Beijing, amid the coronavirus outbreak.

Hilary Pan | CNBC

This is a live blog. Check back for updates

8:32 am: Twitter jumps 7% in pre-market trading

Shares of Twitter rose more than 7% during Thursday’s pre-market trading after the company beat revenue estimates for the fourth quarter and said that its monetizable daily active users hit a record high. This is the third time Twitter has reported mDAUs, which it defines as “Twitter users who log in and access Twitter on any given day through Twitter.com or our Twitter applications that are able to show ads.” The company did, however, miss EPS numbers, and Q1 revenue guidance was light. -Stevens

8:20 am: 4-day winning streak

Stock futures pointed to solid gains on Thursday, putting the major averages in position to post a four-day winning streak. Dow Jones Industrial Average futures pointed to a gain of nearly 100 points. S&P 500 futures indicated a record open. Thursday’s gains come after China cut said it will cut some tariffs on U.S. goods in half as part of the phase-one trade deal signed last month. —Imbert

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