Tuesday, April 23, 2013

Futures rising as heart of earnings season begins

NEW YORK (AP) ? Futures are rising to start a week in which a third of the Dow Jones Industrial Average reports quarterly earnings.

Dow Jones industrial futures are up 48 points to 14,518. S&P futures have added 5.9 points to 1,553.50. Nasdaq futures are up 14.25 points to 2,782.50.

Monday offered a mixed scorecard. Hasbro and Halliburton beat Wall Street expectations. Caterpillar, a big bellwether for economic growth, slid in premarket trading after a tough quarter. It also cut its outlook for the year.

Earnings only heat up from here.

Netflix posts earnings after the bell Monday and on Tuesday, DuPont, AT&T, US Airways and Apple report.

The National Association of Realtors reports March sales of previously-owned homes on Monday. Economists expect sales rose to just over 5 million.

Source: http://news.yahoo.com/futures-rising-heart-earnings-season-begins-120408958--finance.html

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