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The latest corporate earnings might be the focus on Tuesday. Early trends from the U.S. Futures Index suggest that Wall Street might open slightly higher.<\/p>\n
Coca-Cola Co. reported third quarter results and revenues were up 5% to $12.5 billion. General Motor reported an increase in quarterly earnings per share to $1.35 from $2.68 per share in the prior year. <\/p>\n
Asian shares finished higher, while European shares are trading broadly up. <\/p>\n
President Donald Trump stated that the United States and China are on track for a significant trade agreement.<\/p>\n
As of 8.20 am ET, the Dow futures were adding 23.00 points, the S&P 500 futures were up 2.75 points and the Nasdaq 100 futures were progressing 4.25 points.<\/p>\n
The U.S. major averages finished Monday on positive territory. The Nasdaq surged 310.57 points or 1.4 percent to 22,990.53, the S&P 500 jumped 71.12 points or 1.1 percent to 6,735.13 and the Dow shot up 515.97 points or 1.1 percent to 46,706.58.<\/p>\n
On the economic front, the six-week treasury auction will be held at 11.00 am ET. <\/p>\n
The 4-month Treasury bills auction will be held at 11.00 am ET. <\/p>\n
Fed Governor Christopher Waller will give opening remarks before the Federal Reserve Board Payments Innovation Conference at 9.00 am ET. <\/p>\n
Waller will also give closing remarks before the Federal Reserve Board Payments Innovation Conference at 3.30 pm ET. <\/p>\n
Asian stocks advanced on Tuesday. China’s Shanghai Composite index rallied 1.36 percent to 3,916.33. Hong Kong’s Hang Seng index rose 0.65 percent to 26,027.55.<\/p>\n
Japanese markets<\/span> continued on a rally. The Nikkei 225 index closed up 0.27 percent at 49,316.06, after having hit a high of 49,945.95 earlier. The broader Topix index finished marginally higher at 3,249.50.<\/p>\n Australian markets rose notably. The benchmark S&P\/ASX 200 rose 0.70 percent to 9,094.70 while the broader All Ordinaries index settled 0.70 percent higher at 9,390.10. <\/p>\n<\/p>\n Business News<\/p>\n<\/div>\n