Investing.com -- U.S. stock futures edged lower Tuesday, handing back some of the previous session’s gains, as the third-quarter earnings season kicks into top gear.Third-quarter earnings for S&P 500 companies have likely increased 2.2%, up from an estimated rise of 1.3% a week earlier, according to LSEG data.
The crude market slid around $1 a barrel on Monday after Reuters reported, citing multiple sources, that Venezuela’s government and the opposition plan to resume long-suspended talks on Tuesday. This could eventually see Washington relax its sanctions on oil exports from this Organization of Petroleum Exporting Countries member, which had been put in place following highly disputed elections in 2018.
Elsewhere, U.S. President Joe Biden will make a visit to Israel on Wednesday as the country prepares a large-scale ground invasion of Gaza as part of an offensive against Hamas militants.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.
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