Wednesday, 21 August 2019
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US stock futures muted as investors await earnings

U.S. stock index futures were mixed Tuesday morning ahead of earnings reports from a slew of major American companies.

At around 4.20 a.m. ET, Dow futures were 4 points higher but indicated an implied negative open of around 5 points, while the S&P 500 and Nasdaq were seen edging into positive territory.

Earnings season 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 Dow Jones Industrial Average closed 0.1% higher at 27,359.16, with the S&P 500 closing just above the flatline and the Nasdaq Composite edging 0.2% higher.

Source : CNBC

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