Stock market today: Dow futures jump over 200 points as earnings roll in

Dow futures popped on Tuesday, with US stocks eyeing a broader comeback as a wave of earnings reports lifted a market faced with bond yields at multimonth highs and rising tensions in the Middle East. Dow Jones Industrial Average futures gained 0.6%, coming off a six-session run of losses. Futures on the S&P 500 and the tech-heavy Nasdaq 100 also revived to hover above the flatline.

United Health shares added almost 7% after the healthcare group beat quarterly profit estimates, even as it said it expects to take a $1.6 billion from a February cyberattack. Investors were digesting more big bank results: Bank of America reported that first-quarter profit dropped 18% year-on-year as a key revenue source weakened, while Morgan Stanley stock rose as it topped expectations. Elsewhere, BNY Mellon posted a profit beat while Johnson & Johnson reported a revenue miss.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Dow slides, Nasdaq closes at record to cap winning weekThe prospect of a reversal from interest-rate hikes continues to buoy investors' spirits.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow set for rebound as rate-cut nerves settleFocus is turning to the looming monthly jobs report after Fed Chair Jerome Powell didn't change his tune on rates.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow sinks more than 400 points, yields rise to 2024 highsInvestors are growing gloomy about the chances the Fed will delay a rate cut until the second half of the year.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow sinks nearly 400 points, yields rise to 2024 highsInvestors are growing gloomy about the chances the Fed will delay a rate cut until the second half of the year.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow futures sink over 100 points as doldrums persistInvestors are growing gloomy about the chances the Fed will delay a rate cut until the second half of the year.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks slip to start final week of eventful first quarterA furious rally on Wall Street to start 2024 took a breather at the beginning of the final week of the year's first quarter.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »