Earnings season gets underway in earnest Tuesday with banking giants Goldman Sachs, J.P. Morgan Chase, Wells Fargo and Charles Schwab all set to report earnings before the bell, along with other big names such as Johnson & Johnson and Domino's Pizza.
The outlook for this earnings season is bleak, however. Analysts expect S&P 500 earnings to have fallen by 3% in the second quarter, according to FactSet data.ticked higher Tuesday morning ahead of earnings reports from a slew of major American companies. At around 1.45 a.m. ET, Dow futures were 14 points higher and indicated an implied positive open of around 5 points, while the S&P 500 and Nasdaq were seen edging into positive territory.
Earnings season gets underway in earnest Tuesday with banking giants Goldman Sachs, J.P. Morgan Chase, Wells Fargo and Charles Schwab all set to report earnings before the bell, along with other big names such as Johnson & Johnson and Domino's Pizza. Both United Airlines and CSX are due to report after the bell.
Stocks rose to notch a fresh record close on Monday, but gains were tepid as Wall Street monitors the start of earnings season. The
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Source: Reuters - 🏆 2. / 97 Read more »