(Reuters) - The Dow Jones industrial average hit a record high on Thursday as robust earnings from major drug companies like Schering-Plough and Merck & Co. offset some of the pessimism growing over the potential for declining Chinese demand for U.S. imports.
U.S. stock futures suggested the major indexes could post a slight rise, underpinned in part by Google, which reported earnings that beat Wall Street's expectations and drove its share price up by over 3 percent after the closing bell.
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