Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
US pre-open: Futures in the green as corporate earnings roll in
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Tuesday as corporate earnings from a number of the nation's biggest firms began to roll in. As of 1245 BST, Dow Jones futures were up 0.24%, while S&P 500 and Nasdaq-100 futures had the indices opening 0.31% and 0.35% higher, respectively.
The Dow closed 253.58 points higher on Monday as market participants awaited several key quarterly earnings reports.
Corporate earnings were firmly in focus early on Tuesday, with UPS shares trading higher in pre-market following better-than-expected quarterly figures, while PepsiCo shares headed south despite publishing a quarterly earnings beat.
General Motors raised its full-year guidance on the back of a big Q1 earnings beat, Spotify said it had turned a profit last quarter as revenues came in ahead of estimates, and JetBlue shares flew lower after revealing its Q1 loss had widened significantly and issued a profit warnings for the year as a whole.
Tesla will report earnings after the closing bell.
Trade Nation's David Morrison said: "US stock indices started the week on the front foot and were building on Monday's gains this morning. Buyers came back into the market following a dismal week which saw traders' favourite, Nvidia, drop around 14%, with over half of that loss coming on Friday alone. The stock was up 1.2% in early trade, building on yesterday's 4.4% gain. Last week also saw the S&P 500 trade below 5,000 for the first time in two months. So, yesterday's rally provided much-needed relief for the bulls who are tentatively dipping their toes back in. It's certainly the case that a fair amount of froth has been blown off the top of the market so far in April. But is it enough?"
On the macro front, a preliminary reading of S&P Global's April manufacturing and services PMIs will be published at 1445 BST, while March's new homes sales figures and the Richmond Fed's April manufacturing index were slated for release at 1500 BST.
Reporting by Iain Gilbert at Sharecast.com
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Doing Business with Fidelity | Diversity, Equity & Inclusion Reports | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing policy
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.