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Oct 29, 2019

US Market | Futures Indicator: US futures point to a slightly higher open

Silvia Amaro

U.S. stock index futures were slightly higher Tuesday morning, amid the busiest week for earnings.
At around 01:20 a.m. ET, Dow futures rose 3 points, indicating a positive open of more than 19 points. Futures on the S&P and Nasdaq were mostly flat.
Wall Street ended Monday’s session on a strong note after the S&P 500 hit a record high. Strong earnings and news of further progress in trade talks between the U.S. and China helped boosting prices.
S&P’s record high extended the second-largest ever bull market to 3,885 days, according to data from Bespoke Investment Group.
Corporate earnings remain the top market focus Tuesday. BP, Mastercard, Merck, Pfizer and Kellogg are due to report before the bell. Mondelez International, Chubb and Amgen are set to report after the bell.
At the same time, traders are also paying attention to trade talks between the U.S. and China. The U.S. said Monday evening that it is considering extending certain tariff exclusions on $34 billion of imports from China.
On the data front, pending home sales, consumer confidence and housing vacancies will be released at 10:00 a.m. ET.

-- CNBC’s Fred Imbert contributed to this report.

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