Dow futures rise as bond yields fall; Alphabet and Microsoft earnings in focus

Investing.com -- U.S. stock futures edged higher Tuesday, as bond yields retreated ahead of the release of quarterly earnings from some major tech companies.The benchmark 10-year Treasury yield has continued to drop Tuesday, falling back to 4.835% and easing the pressure on the highly-leveraged tech sector, in particular.

Bill Ackman's hedge fund Pershing Square Capital Management has covered its bond short position, the billionaire investor posted on Monday, saying it was too risky to remain short bonds at current long-term rates. The earnings season kicks into top gear this week, with around 30% of S&P 500 companies slated to report.About 17% of S&P 500 companies have already reported earnings, and three-quarters of them have posted earnings surpassing analysts’ expectations, according to FactSet.Investors will also be keeping an eye on the release of flash U.S. PMIs, providing clues on the economic picture ahead of the Federal Reserve’s policy-setting meeting next week.came in at 50.

However, the situation remains highly fluid with the market seemingly divided over whether the conflict will continue to ease from here or flare up again.industry group releases its latest estimate of U.S. inventories later in the session, and crude stockpiles were expected to have risen last week, while distillate and gasoline inventories fell.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Dow futures lift, Alphabet and Microsoft earnings in focusDow futures lift, Alphabet and Microsoft earnings in focus
Source: Investingcom - 🏆 450. / 53 Read more »

Microsoft, Boeing, Amazon, Chipotle, Meta, Alphabet, and More Stocks to Watch This WeekThird-quarter earnings from Big Tech, auto makers, and more. Plus, a first look at GDP growth and the Federal Reserve's preferred inflation measure.
Source: MarketWatch - 🏆 3. / 97 Read more »

Chevron, Hess, Roivant, Textainer, Microsoft, Alphabet, and More Stock Market MoversChevron will buy Hess in all-stock deal valued at $53 billion, Roche agrees to buy a developer of a drug for people suffering from inflammatory bowel disease...
Source: MarketWatch - 🏆 3. / 97 Read more »

S&P 500 futures gain as Treasury yields fall further, Microsoft and Alphabet earnings loomJamie Chisholm is a markets reporter based in London.
Source: MarketWatch - 🏆 3. / 97 Read more »

Microsoft, Alphabet earnings, Bitcoin, PMI data - what's moving marketsMicrosoft, Alphabet earnings, Bitcoin, PMI data - what's moving markets
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: Dow Futures Rise; Bitcoin JumpsEarnings seasons heats up again, with Microsoft and Google parent Alphabet among the companies reporting
Source: WSJ - 🏆 98. / 63 Read more »