Earnings season is in full swing this week and investors are in a positive mood.
While it’s still too early to draw any final conclusions, second-quarter earnings so far have come in better than most had expected.
U.S. stock futures were moving higher Tuesday morning, with the Nasdaq leading the way with a gain of roughly 0.4%.
The markets are waiting for results from DuPont, UPS and Travelers ahead of the opening bell. Apple and AT&T are up in the afternoon.
Nearly 160 companies in the S&P 500 are slated to report quarterly results this week overall.
U.S. stocks finished mostly flat Monday, though the S&P 500 gained 0.2%, squeaking past its record high by one point.
All three major U.S. indexes are up roughly 19% so far this year.
Netflix shares sank in after-hours trading Monday after the streaming-video service added fewer subscribers than expected in the second quarter.
Texas Instruments shares rose in after-hours trading after the semiconductor maker reported quarterly earnings that came in ahead of expectations.
European markets edged up in morning trading, while Asian markets ended with gains.
Hong Kong’s Hang Seng index added 2.6%, the Shanghai Composite index 2%, and Tokyo’s Nikkei 0.8%.
