US Futures Rise Ahead of Key Earnings Reports — TradingView News

U.S. stock futures fell on Tuesday as the earnings season is in full swing, with major companies set to report across the globe later in the day.

Coca-Cola, Comcast, General Motors, Spotify and UPS will report results before the market opens on Tuesday, while tech giants Alphabet and Tesla will report results after the market closes.

On Monday, during the regular session, the Dow Jones index rose by 0.32%, the S&P 500 gained 1.08%, and the Nasdaq Composite rose by 1.58%.

Nine of the S&P’s 11 sectors ended the day in positive territory, led by technology, communications services and industrials.

Large-cap technology stocks saw significant gains, including Nvidia (4.8%), Tesla (5.2%), Microsoft (1.3%), AMD (2.8%) and Meta Platforms (2.2%).

Meanwhile, CrowdStrike fell another 13.5% and is now 34% below its all-time high reached in early July.

Investors are also closely watching the political situation after President Joe Biden ended his re-election campaign and endorsed Vice President Kamala Harris.