Wall Street futures rebound from Monday's selloff as earnings take center stage

U.S. stock index futures edged higher on Tuesday following the benchmark S&P 500's worst day in a month as investors parsed through a deluge of corporate earnings, while bracing for volatility ahead of Election Day

Drugmaker Eli Lilly and Co fell 4per cent after it reported a fall in quarterly profit. Industrial companies 3M Co and Caterpillar Inc were flat to slightly lower after results.Investors are looking forward to results from Apple Inc , Amazon.com , Google-parent Alphabet and Facebook Inc in an earnings-heavy week as the technology giants have managed to stand out during the coronavirus pandemic.

Wall Street's fear gauge perked up on Tuesday after closing at its highest level in nearly two months on concerns about President Donald Trump's unexpected victory or an uncertain election outcome.

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Singapore stocks open lower, tracking Wall Street tumble; STI down 0.4%SINGAPORE shares opened lower on Tuesday, tracking sharp losses on Wall Street overnight. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »