(MENAFN– ecpulse) U.S. stock futures edged higher on Tuesday, as investors hope the final days of a tough month could see markets regain lost territories.
April has been a lackluster month, with the tech-heavy NASDAQ taking a sharp slump and other global markets suffering within negative ground.
Corporate earnings are still in the spotlight; with Sprint starting today’s run of quarterly results ahead of the open.
Twitter and Merck are among major companies to report later in the day.
-Futures on the Dow Jones Industrial Average gained 0.299% to 16446
-Futures on the S&P 500 Index gained 0.327% to 1872.10
-Futures on the NASDAQ 100 gained 0.473% to 3557.50 . As of 07:27 a.m. ET
Nokia soared around 8% after announcing a new CEO, together with plans to spend billions on share buybacks and dividends.
This comes after the company finalized the sale of its handset division to Microsoft, shifting its focus on its networks business now.
In London, shares of BP rose by roughly 1% after the latest quarterly earnings report made a good impression for the oil and gas firm.
As for economic data on Tuesday, the S&P/ Case-Shiller home price index will be released at 09:00 a.m. ET, while the Conference Board will publish its consumer confidence index at 10:00 a.m. ET.
Wall Street ended mixed on Monday, with the Dow Jones and the S&P 500 ending slightly higher with the NASDAQ ending flat. Note that the NASDAQ has fallen by around 3% since the start of the month.
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