US stocks were set for a rebound Tuesday as traders digested a fresh batch o f earnings results.
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.
U.S. PRE-MARKET INDICATORS
-Dow Jones Industrial up 0.63%
-S&P 500 futures up0.36%
-Nasdaq 100 futures up 0.43%
-Nasdaq 100 pre-market indicator up 0.22%
Nikkei up 0.24%
Hang Seng up 1.07%
Shanghai Composite up 2.39%
FTSE-100 up 0.50%
DAX-30 up 0.68%
PRE-MARKET SECTOR WATCH
(+/-) Large cap tech: mixed
(+) Chip stocks: unchanged to higher
(+) Software stocks: unchanged to higher
(+) Hardware stocks: unchanged to higher
(+/-) Internet stocks: mixed
(+/-) Oil stocks: mixed
(+) Biotech stocks: unchanged to higher
(+) Drug stocks: unchanged to higher
(+/-) Financial stocks: mixed
(+/-) Retail stocks: mixed
(+) Industrial stocks: unchanged to higher
(+) Airlines: unchanged to higher
(+) Autos: unchanged to higher
(+) CFRX (+7.6%) Reports additional positive data from phase 2 trial of Exebacase
(+) AMD (+1.5%) Adds new Ryzen model
(+) RNN (+64.7%) Enters into global collaboration, license agreement for RX-3117 in Greater China
(-) BAC (-0.7%) Q1 revenue misses estimates
(-) BPMX (-9.6%) Board OKs reverse stock split to regain listing standard
(-) CZR (-1.9%) Names Anthony Rodio as New CEO