Dow futures move higher ahead of fresh earnings

div > div.group > p:first-child"> At around 02:00 a.m. ET, Dow futures rose 60 points, indicating a positive open of more than 54 points. Futures on the S&P and Nasdaq were also seen slightly lower.

Corporate earnings remain the biggest market focus. Bank of America, BlackRock, Johnson & Johnson and UnitedHealth will update investors before the bell. Later on, IBM, Netflix and CSX will also report their latest earnings. Wall Street closed slightly lower Monday after mixed corporate results. Shares of Goldman Sachs fell more than 3 percent after the investment bank reported lower-than-expected revenues. Citigroup also struggled to make gains after reporting a 20 percent drop in its equity trading division.

Investors are also closely monitoring Fed-related developments amid fears of a potential cut in rates. Speaking to CNBC on Monday, Chicago Federal Reserve President Charles Evans said that he'd be comfortable leaving interest rates untouched until autumn 2020. On the data front, there will be Biz leader's survey at 8.30 a.m. ET, industrial production and capacity utilization due at 9.15 a.m. ET; and the NAHB survey will be out at 10 a.m. ET.

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.

Dow futures point to a modest open ahead of earningsU.S. stock index futures were slightly higher Monday morning, as market participants awaited further earnings reports.
Source: CNBC - 🏆 12. / 72 Read more »

Dow futures slightly higher with earnings season set to kick offU.S. stock index futures were slightly higher Friday morning, as market participants awaited the start of earnings season. Future generations will look at the absolute moronic investors of today & shake their heads at their absolute and complete brainwashed responses to the biggest, fattest, ugliest, most overvalued stock market in HISTORY. Suicide rates are going to skyrocket even further w/in 2 yrs
Source: CNBC - 🏆 12. / 72 Read more »

Dow falls a second day, loses 190 points with investors nervous about earningsThe Dow fell more than 180 points for a second straight day of losses, with investors nervous about the start of corporate earnings season later this week. The S&P 500 also fell, led by losses in industrials, energy and financial companies.
Source: CNBC - 🏆 12. / 72 Read more »

Dow gains more than 200 points as Disney, JPMorgan jump, healthy bank earnings buoy broader marketU.S. stocks rise Friday after a series of strong bank earnings, led by JPMorgan, boosted confidence in the U.S. economy while the Dow gained more than 200... What might be the likely factors for this?
Source: MarketWatch - 🏆 3. / 97 Read more »