Yahoo Finance Stocks - U.S. Futures Flat as Earnings in Focus; White House Ends Sanctions Waiver
Investing.com - U.S. futures were flat on Tuesday as investors turned their attention to earnings and the U.S. ended its waiver on Iran sanctions.
Dow futures rose 15 points or 0.06% by 7:02 AM ET (11:02 GMT), while S&P 500 futures lost 2 points or 0.07% and the tech-heavy Nasdaq 100 futures was down 9 points or 0.1%.
Energy companies were higher in premarket trading after the White House confirmed it was ending waivers of its sanctions on Iran, a huge exporter of oil. Royal Dutch Shell (NYSE:RDSa) was up 0.4%, while Exxon Mobil (NYSE:XOM) inched up 0.1% and Chevron (NYSE:CVX) gained 0.1%.
Crude oil surged 0.7% to $65.99 a barrel after the news.
Meanwhile earnings are in full-focus, with Lockheed Martin (NYSE:LMT), Legacy Texas Financial Group (NASDAQ:LTXB), Six Flags (NYSE:SIX) and Snap Inc (NYSE:SNAP) expected later in the day.
Twitter Inc (NYSE:TWTR) surged 7% in premarket trade after reporting better-than-expected revenue and a surprise increase in the number of monthly active users.
Coca-Cola (NYSE:KO) gained 1.5% after its earnings for the first-quarter came in better than expected, while Hasbro (NASDAQ:HAS) jumped 5.5% after it beat forecasts.
Tesla (NASDAQ:TSLA) slumped 0.6% as investors were skeptical of CEO Elon Musk’s comments that the luxury car maker will have a fleet of driverless taxis next year.
On the data front, new home sales are out at 10:00 AM ET (14:00 GMT), while the house price index for February is expected at 9:00 AM ET (13:00 GMT).
In commodities, gold futures fell 0.2% to $1,274.85 a troy ounce, while the U.S. dollar index, which measures the greenback against a basket of six major currencies, was flat at 97.00.
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