Stock futures gain on strong corporate earnings
Stock index futures rose on Tuesday, supported by strong earnings from blue chip companies.
Chemical maker and Dow component DuPont
Bankrupt chemicals maker W.R. Grace & Co
Xerox Corp's
Amazon.com Inc
S&P 500 futures rose 0.4 point and were in line with fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures rose 12 points, while Nasdaq 100 futures added 4.25 points.
On Monday, Texas Instruments
Netflix Inc
Economic news will include the U.S. Case-Shiller home price index due at 9:00 a.m. EDT and U.S. Conference Board consumer confidence and U.S. Richmond Fed manufacturing figures at 10:00 a.m. EDT.
Morgan Stanley
Intel Corp
Nearly 35 percent of News Corp
U.S. stocks ended higher on Monday as a flurry of merger activity and strong earnings from Caterpillar
Equities have risen on hopes a resolution to Europe's sovereign debt crisis is on the horizon and a reduced likelihood of a U.S. recession after stronger-than-expected corporate results and economic data.
(Reporting by Angela Moon, Editing by Chizu Nomiyama)