Dow Futures Rise as Q1 Earnings Heats Up By Investing.com


© Reuters.

By Oliver Gray 

Investing.com – traded higher during Monday’s evening deals as market participants brace for one of the busiest weeks of the corporate earnings season.

By 6:35pm ET (10:35pm GMT) added 0.3%, gained 0.3% and were up 0.5%.

Before the opening bell on Tuesday, Johnson & Johnson (NYSE:) and The Travelers Companies Inc (NYSE:) are set to report their latest results, while Hasbro Inc (NASDAQ:), Lockheed Martin Corporation (NYSE:), and Citizens Financial Group Inc (NYSE:) are also slated to report.

Elsewhere on Tuesday, investors will be looking toward fresh housing data with and for March.

During Monday’s trade, slid 39.54 points or 0.1%, to 34,411.69, the remained little changed at 4,391.69 and the lost 0.1% to 13,332.36.

Technology companies finished the regular session in a mixed fashion as Block Inc (NYSE:) fell 1.6%, Amazon.com Inc (NASDAQ:) added 0.7% Apple Inc (NASDAQ:) eased 0.1% and NVIDIA Corporation (NASDAQ:) added 2.5%.

Meanwhile, Twitter Inc (NYSE:) rose 7.5%, after the social media company launched a limited duration shareholder rights plan, or “poison pill,” to thwart Tesla (NASDAQ:) CEO Elon Musk’s bid to take the company private.

Financials moved higher, as JPMorgan Chase & Co (NYSE:) added 1.9%, Citizens Financial Group Inc (NYSE:) gained 0.9%, Citigroup Inc (NYSE:) lifted 2.7% and Morgan Stanley (NYSE:) added 2%. Bank of America Corp (NYSE:) finished 3.4% higher after the company second-quarter results that beat on both the top and bottom lines.

On the bond markets, rates were near fresh 40-month highs of 2.857% in anticipation of more aggressive monetary policy tightening from Federal Reserve officials.  

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