US Stock Futures Point To Higher Opening; Earnings Continue To Be In Focus With Delta, Johnson & Johnson, Verizon Being Some Of The Big Guns On Deck Tuesday

on January 21 2014 6:00 AM
NYSE 20June2013 3pm
New York Stock Exchange. Reuters

Stock futures on Tuesday suggested an upbeat start to the markets, which will return from a long weekend and attempt to put a mixed week behind them.

Futures on the Dow Jones Industrial Average were up 0.3 percent and futures on the S&P 500 were up 0.23 percent while those on the Nasdaq were up 0.39 percent.

With no data releases scheduled for the day, investors’ attention will remain focused on a crowded line-up of Wall Street majors, which are set to declare quarterly earnings Tuesday.

Before market hours, the big names include Delta Air Lines, Inc. (NYSE:DAL), Halliburton Co. (NYSE:HAL), Johnson & Johnson (NYSE:JNJ) and Verizon Communications Inc. (NYSE:VZ). After markets close, Advanced Micro Devices Inc. (NYSE:AMD) and Texas Instruments Incorporated (NASDAQ:TXN) are among those scheduled to declare earnings.

In Europe, stocks were in positive territory with the Stoxx Europe 600 index gaining 0.29 percent while the FTSE 100 was flat. Germany’s DAX-30 was up 0.31 percent while France's CAC-40 was up 0.28 percent.

In Asia, markets were up across the board with Japan’s Nikkei ending the day up 0.99 percent while Australia’s S&P/ASX 200 finished up 0.69 percent. The Shanghai Composite index was up 0.86 percent while Hong Kong’s Hang Seng index was up 0.45 percent. South Korea’s Kospi was up 0.52 percent and India’s BSE Sensex rose 0.22 percent.

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