Stock futures rise as US factory data beats expectations
Early Tuesday, U.S. equity contracts edged up as investors weighed a clear upswing in manufacturing and a heavy slate of company earnings.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
U.S. stock futures climbed early Tuesday, October 20, after data showed stronger-than-expected American factory activity. Investors also focused on a busy day of corporate earnings, including Netflix, and key housing figures. Ongoing tensions between Iran and Western allies and Brent crude near $110 a barrel kept some caution in the market.
Why it matters
Market sentiment was leaning toward risk-taking before the open, with prediction-market odds of a higher open at 55%.
Coverage
- US Stock Market Today: S&P 500 Futures Climb On Strong Factory And Earnings Hopes (Yahoo News)
- Stock Market: Will S&P 500 Open Up or Down Today? (Yahoo News)
- Stock Market: Will S&P 500 Open Up or Down Today? - State Street SPDR S&P 500 ETF Trust (ARCA:SPY) (benzinga.com)
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