Advertisment
Stock futures were little changed Tuesday, with traders readying for earnings reports from major companies after the benchmark posted its best day in more than a month.
Futures for the Dow Jones Industrials advanced 26 points, or 0.1%, to 40,718.
Futures for the S&P 500 index grabbed four points, or 0.1%, at 5,614.25.
Futures for the NASDAQ Composite dipped 7.25 points to 19,993.75.
Google-parent Alphabet and Tesla are due to report earnings after the bell. Those reports will mark the Street’s first look at how major tech-related names fared during the second quarter.
Meanwhile, General Motors posted second-quarter results that easily beat analyst expectations and boosted shares about 5%. UPS missed on the top and bottom lines, sending the stock down 7%.
Those moves follow a winning day on Wall Street, as technology stocks rebounded from last week’s sell-off. The S&P 500 rose more than 1% for its best session since early June, while the Dow ticked higher by 0.3%.
Given this theme, the tech-heavy NASDAQ outperformed with a 1.6% climb. The S&P 500 was led higher by the information technology and communication services sectors, which gained roughly 2% and 1.2%, respectively.
In Japan, the Nikkei 225 fell less than 0.1% Tuesday, while in Hong Kong, the Hang Seng index docked 0.9%.
Oil prices sank 42 cents to $77.98 U.S. a barrel.
Gold prices improved $14.90 to $2,409.60.
