US futures point to higher open ahead of more earnings


(MENAFN- ProactiveInvestors)After a mixed finish on Monday US stocks are set for an uplift on Tuesday as traders await more quarterly earnings results and employment data. After trailing yesterday the oil price is now gaining ground with US crude up 0.71%while major global markets are heading north. In London the FTSE100 is up 0.85% to 6166 while in Asia overnight the Nikkei closed 2.15% higher and China's Shanghai Composite Index was up  a tad - adding 0.02% Yesterday the Dow Jones Industrial Index closed almost 35 down at 17705 while the S&P500 gained just 0.08% on the day to finish at 2058. The Nasdaq index closed around 14 points down at 4750 while US crude is 2.87% lower but still above US$43 a barrel. The S&P midcap 400 gained just 0.03% to 1453.12 and the S&P600 small cap index closed just 0.01% higher at 687.87. In futures trading today at the time of writing  the Dow Jones is 99 points ahead while the tech heavy Nasdaq is up almost 24 and the broader-based S&P500 added 12 points. In the US the Labour Department's job openings and turnover survey for March this year is due to  arrive this morning along with a March reading on wholesale inventories. Reporting today ahead of the bell among others is SodaStream (NYSE: SODA) botox manufacturer Allergan (NYSE: AGN) Credit Suisse and mobile phone giant Nokia.


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