Stock-index futures pointed to a higher start for Wall Street Tuesday as investors remained glued to a steady stream of corporate results.
What are major indexes doing?
Futures on the Dow Jones Industrial Average YMM9, +0.25% rose 144 points, or roughly 0.6%, to 26,517, while S&P 500 futures ESM9, +0.21% rose 10 points, or 0.4%, to 2,919.75. Nasdaq-100 futures NQM9, +0.30% were up 29 points at 7,676.75, a rise of 0.4%.
What’s driving the market?
Stocks on Monday ended slightly lower, following a batch of mixed corporate earnings. The Dow DJIA, -0.10% declined 27.53 points, or 0.1%, to end at 26,384.77, while the S&P 500 SPX, -0.06% lost 1.83 points, or 0.1%, to close at 2,905.58. The Nasdaq Composite gave up 8.15 pints, or 0.1%, to close at 7,976.01.
The S&P 500 remains less than 1% away from its all-time closing high of 2,930.75 set on Sept. 20, while the Dow is off 1.7% from its record close set on Oct. 3. The Nasdaq is off a similar amount from its high-water mark set on Aug. 29.
Analysts have penciled in a year-over-year decline in S&P 500 corporate profit for the first quarter, which would mark the first fall in three years.
What stocks are in focus?
Shares of UnitedHealth Group Inc. UNH, +3.13% were up 1.7% in premarket trade after reporting first-quarter earnings and revenue that topped Wall Street expectations, while also boosting its full-year profit outlook.
Johnson & Johnson JNJ, +0.40% shares were up 1.3% ahead of the bell after beating earnings and revenue expectations.
Bank of America Corp. BAC, -1.09% stock was off 0.3% after it reported first-quarter earnings revenue that fell short of Wall Street expectations.
Netflix Inc. NFLX, -0.65% will be in the spotlight when it reports after the closing bell. Apple Inc. AAPL, +0.18%