US Futures Rise Ahead of Fresh Earnings

Shutterstock photo

US stock futures marched higher Tuesday as traders looked ahead for more earnings results.

S&P 500 futures rose 0.3% and futures on the Dow Jones Industrial Average gained 0.6%. Nasdaq-100 futures picked up 0.4%.

Oil prices were steady, with global benchmark Brent crude at $71.18, while US West Texas Intermediate crude was up a slight 0.08% to $63.45 following signals from Russia that it wants to end the current deal that curbs oil production.

At 9:15 am, data are expected to show industrial production rising 0.3% with a capacity utilization rate of 79.1% for March, according to data compiled by Econoday.

At 10 am, the housing market index is seen coming in at a consensus of 63 for April vs March's 62 reading.

In equities, shares of Kamada Ltd. ( KMDA ) climbed 9.3% pre-bell after the protein therapeutics company said it has received positive feedback from the US Food and Drug Administration about its inhaled alpha-1-antitrypsin program for the treatment of alpha-1 antitrypsin deficiency.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing , Stocks
Referenced Symbols: KMDA

More from MT Newswires


MT Newswires

MT Newswires

Market News, Commodities

Research Brokers before you trade

Want to trade FX?