A trader works within his post on the floor of the New York Stock Exchange.
Brendan McDermid | Reuters
Stock futures were flat in overnight trading Monday ahead of quarterly earnings reports from several mega-chapters technology companies.
Futures on the Dow Jones Industrial Average Jones added 6 points, or 0.02%. The S&P 500 and Nasdaq 100 futures traded close to the flatline.
Actions of Tesla rose after that hours Monday after a better than expected second-quarter earnings report. The electric vehicle the manufacturer has surpassed $ 1 billion in quarterly net income for the first time.
Major US stock averages closed on Monday regular session in record maximums for each five-day mark win Stripes. The Dow earned 82.76 points, or 0.24%. The S&P 500 also added 0.24% and the tech- Heavy Nasdaq Composite closed 0.03% higher.
According to-quarter earnings the season continues with Google-parent Alphabet, Microsoft and Apple set report after bell Tuesday.
“It looks like we’re going to get really solid earnings from these companies and that should give a bit of a push to the market. Some of these names have already run so much this year that maybe we won’t have a big rebound, “said Victoria Fernandez, head of Crossmark Global Investments market strategist.
“The apple could be yours best opportunity to see some movement because they have been in more of a consolidation phase over the last a few months “, Fernandez added.
JetBlue, UPS, General Electric and Starbucks are also programmed for post earnings Tuesday.
The two days of the Federal Reserve policy the meeting is also set to begin Tuesday. Investors are in waiting for further information on the central monetary bank policy.
The Federal Open Market Committee and the Council of Governors are expected to release a statement after the meeting ends on Wednesday.
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