Futures pull back ahead of earnings; oil stocks jump

REUTERS: U.S. stock index futures dipped on Monday as investors returned from their Easter break and took a cautious stance at the beginning of what is expected to be the busiest week of the first-quarter earnings season.

S&P 500 profits are expected to drop 1.7per cent year-over-year, according to Refinitiv data in what could be the first earnings contraction since 2016. Also helping was a surge in oil prices, with the United States set to announce a further clampdown on Iranian oil exports, tightening global supplies.Exxon Mobil Corp was up 0.6per cent and Schlumberger NV gained 1.5per cent.

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Singapore stocks: STI resumes Monday afternoon at 3,353.30, up 0.17% on daySINGAPORE stocks edged up as trading resumed on Monday afternoon, with the Straits Times Index advancing 0.17 per cent or 5.72 points on the day to 3,353.30 as at 1.01pm, in line with a weak morning. Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »

European stocks edge higher as Easter break saps volumesLONDON: The eurozone's main stock markets found higher ground on Monday (Apr 15) in subdued deals, with many investors away for the Easter holiday ...
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »