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US futures pause ahead of Goldman Sachs, J&J, Charles Schwab earnings

U.S. stock index futures pulled back ahead of Tuesday’s open, as investors monitored corporate and political developments.

Around 6:00 a.m. ET, Dow futures rose 14 points, indicating a positive open of 9.64 points. The Nasdaq and the S&P 500 futures indicated a downbeat start to their respective trading sessions.

Goldman Sachs, Johnson & Johnson, UnitedHealth, Charles Schwab, Omnicom, CSX and United Continental are some of the firms scheduled to publish their latest financial figures.

In economic data, the business leaders’ survey is due out at 8:30 a.m. ET, followed by industrial production at 9:15 a.m. ET and the NAHB/Wells Fargo Housing Market Index at 10 a.m. ET. Treasury International Capital (TIC) data is scheduled for 4 p.m. ET.

Federal Reserve Chair Jerome Powell is expected to deliver his semiannual monetary policy report to the Senate Banking Committee on Tuesday.

Elsewhere, Kansas City Fed President Esther George will attend the 2018 Agricultural Symposium in Kansas City, Missouri. Both speeches will be watched closely for any comment on the state of the U.S. economy.

source: CNBC

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