Stock futures inch higher after the S&P 500 posts another record, Wall Street awaits earnings: Live updates
U.S. stock futures ticked up on Monday night after the S&P 500 and Nasdaq Composite closed the regular session with updated records.
S&P 500 futures and Nasdaq Composite futures each added about 0.2%. Futures tied to the Dow Jones Industrial Average gained 66 points, or 0.1%.
During the day’s regular trading, both the S&P 500 and tech-heavy Nasdaq hit recent intraday and closing highs. The broad marketplace index rose 0.12%, while the Nasdaq added 0.20%. The Dow Jones Industrial Average lagged behind, slipping 62.92 points, or 0.13%.
The market’s gains were kept in check as peace talks between the U.S. and Iran appeared to come to a standstill.
Over the weekend, President Donald Trump canceled plans to send U.S. special envoy Steve Witkoff and Jared Kushner to Pakistan to discuss the ceasefire in Iran. In a Truth Social post, the president commented that negotiations could happen over the phone. Esmaeil Baqaei, Iran’s Foreign Ministry spokesperson, noted that no meetings are currently planned between Tehran and Washington.
In a bit of positive news, White House press secretary Karoline Leavitt confirmed on Monday that Trump and his national security team have discussed Iran’s offer to reopen the Strait of Hormuz if the war ends and the U.S. lifts its blockade.
The news comes during a major earnings week for the stock marketplace, with five of the “Magnificent Seven” tech titans slated to report. Alphabet, Amazon, Meta Platforms and Microsoft are due Wednesday, while Apple’s results are set for Thursday.
“I do think some strength in the first quarter has been pre-traded,” remarked John Belton, growth equities portfolio manager at Gabelli Funds on CNBC’s “Closing Bell: Overtime” on Monday afternoon. “But these are strong fundamentals, high expectations — hard to say how stocks respond on day of earnings against that setup. Still, looking longer term, I think these are pretty interesting.”
Wednesday will also be the conclusion of what could be current Fed Chair Jerome Powell’s final Federal Reserve meeting. Policymakers will roll out their rate decision that afternoon.
UPS, General Motors, Coca-Cola, Hilton Worldwide, JetBlue and Corning are just some of the companies on the docket to report earnings Tuesday before the bell. Traders will also watch for April’s consumer confidence reading.
Stocks reporting earnings on Tuesday
Stocks reporting before Tuesday’s opening bell include:
UPS
General Motors
Coca-Cola
Novartis
Barclays
BP
Hilton Worldwide
JetBlue
Sherwin-Williams
Airbus
Invesco
Spotify
AllianceBernstein
S&P Global This also touches on aspects of dividends.
On the other hand, stocks reporting after Tuesday’s closing bell include:
Visa
T-Mobile US
Booking Holdings
Robinhood
Starbucks
Caesars Entertainment
CoStar
Enphase Energy
NXP Semiconductors
Waste Management
— Lisa Kailai Han and Robert Hum Furthermore, experts in bull market note the continued relevance.
Stocks making the biggest moves after the bell: LendingClub, Nucor and more
These are the stocks moving the most in extended-hours trading:
LendingClub — The bank surged nearly 14% after first-quarter results topped estimates.
Nucor — The steel manufacturer added more than 3% after posting first-quarter earnings of $3.23 per share, exceeding the $2.82 per share analysts polled by LSEG sought.
Bed Bath & Beyond — The home goods retailer surged 28% after reporting first-quarter revenue of $247.8 million, beating the $240.1 million analysts polled by FactSet had expected.
Read the full list of stocks moving here.
— Lisa Kailai Han
Stock futures are little changed
Stock futures traded near flat on Monday night.
Shortly after 6 p.m. ET, futures tied to all three major averages were trading around the flatline.