By Oliver Gray
Investing.com - U.S stock futures were trading higher during Monday’s evening deals, after major benchmark indices rallied during regular trade as solid earnings results from major financial companies boosted sentiment.
By 19:05 ET (23:05 GMT) Dow Jones Futures were up 0.6% while S&P 500 Futures and Nasdaq 100 Futures lifted 0.7% apiece.
In extended deals, Marten Transport (NASDAQ:MRTN) fell 2.8% after the company reported Q3 EPS of $0.32, just below expectations of $0.34, while revenue was reported at $324.4 million versus $322.11 million expected.
In Tuesday’s session, market participants will be focused on earnings results from Goldman Sachs Group Inc (NYSE:GS), Netflix Inc (NASDAQ:NFLX), Johnson & Johnson (NYSE:JNJ), and United Airlines Holdings Inc (NASDAQ:UAL). Meantime, fresh industrial production data will also be closely watched.
During Monday’s regular trade, the Dow Jones Industrial Average gained 551 points or 1.9% to 30,185.8, the S&P 500 lifted 2.7% to 3,678 and the NASDAQ Composite rallied 354.4 points or 3.4% to 10,675.8.
Among reporting companies, Bank of America Corp (NYSE:BAC) rose 6.1% after the company reported EPS of $0.81 versus $0.78 expected on earnings of $24.5 billion versus $23.56 billion expected, while Bank of New York Mellon (NYSE:BK) gained 5.1% after reporting EPS of $1.21 versus $1.1 expected with revenues coming in at $4.28 billion versus $4.2 billion expected.
On the bond markets, United States 10-Year rates were hovering near 14-year highs at 4.012%.